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CBRE's Chris Ludeman “It is becoming increasingly challenging to secure core assets with long leases in the current market environment,” Ludeman says.

LOS ANGELES—For Middle Eastern investors in commercial real estate, the US has been the leading destination country over the past 12 months, with London the top city, CBRE said Tuesday. While outbound investment from the region has tapered somewhat compared to the 2015-2016 period, nonetheless it represents 8% of the global total for cross-border sales.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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