Meet your future landlords

When international investors go in search of real estate, the question is not if but when they’ll come to London. The UK capital’s stability, transparency and liquidity have made it a magnet for money – private, institutional or sovereign – from every continent. In 2013, foreign buyers were responsible for more than two thirds of commercial property investment, with established sources of capital competing with newer ones, predominantly from the Far and Middle East.

So where will the next wave come from? Ultra-high-net-worth individuals may hail from anywhere, but the greatest concentrations of wealth tend to be where there’s either a lot of resources, as with the oil riches of the Middle East and Central Asia, or a lot of people – the pension savings of the growing middle classes in China, Malaysia and Korea. In this feature for Estates Gazette’s MIPIM issue, I identified five countries set to be the most significant new entrants over the coming decade – a world tour that took in Taiwan, Kazakhstan, Nigeria, Brazil and, still some way off, Iran…