Gulf investors lining up to buy property in UK cities, report finds

London is the top global destination for property investment from Gulf states in spite of turbulent market headwinds, according to a new report from the Al Rayan Bank.

The 2023 Gulf Cooperation Council (GCC) Investment Barometer, which surveyed 150 investors from Saudi Arabia, Qatar and the UAE with an average net worth of $208m, found that a third (33%) had bought property in London over the last 12 months – more than any other major global market.

The research also found those investing in London over the period spent more, at an…