Foreign Investors Snap Up D.C. Real Estate

Foreign Investors Snap Up D.C. Real Estate

Investors from Abu Dhabi to Norway, Qatar to Korea are buying office buildings and development projects in D.C. We explore what booming foreign investment means for the city.

Foreign investors -- from Korea, Israel, China and Germany -- are buying up office buildings in D.C. at twice the pace of last year. Middle Eastern sovereign wealth funds are financing a major mixed-use project and a convention center hotel that's under construction downtown. Kojo explores what a boom in foreign investment means for the D.C. real estate market and the city.

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The Kojo Nnamdi Show is produced by member-supported WAMU 88.5 in Washington DC.