Scotland gets £230m
UK regions overtake London as attraction for Middle East money
Middle Eastern investors bought the gas HQ in Edinburgh
Investors in the Middle East poured more money into the regions of the UK than into London for the first time last year due to better returns on offer.
They were increasingly attracted by the high levels of investment into regional infrastructure and the opportunity to achieve greater yields, according to research released by global real estate adviser CBRE.
Investment into the UK from the Middle East in 2019 was down on 2018, falling from £3.7bn to £1.5bn,
However, Scotland took a £230m share of £880m invested across the UK regions, compared to £650m in Central London.