Wednesday, May 27, 2009

Saudis Encouraged to Buy US Commercial Real Estate


I stumbled across this story online in the most random of places -

It seems encouraging to me that US residents seem to think that real estate values are in trouble, but internationally people are being encouraged to to invest in our Commercial Real Estate?

JEDDAH, Saudi Arabia – May 26, 2009 – The benefits of investing in the U.S. real estate sector were in focus at a seminar held in Jeddah on Tuesday night. “The U.S. real estate sector has become an attractive buy for investors in Saudi Arabia and Gulf, in the context of the recent developments brought about by global economic downturn and weak U.S. currency,” Robert Koch, founder and chairman of the Florida-based Fugleberg Koch Inc., told a meeting attended by a large number of investors at Laylaty hall. Click HERE for More...

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