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Report: Malaysians invest US$5.6b in developed countries, most in UK
The think tanks chief executive claimed that Britains economy would grow even faster if it left the European Union. u00e2u20acu201d AFP pic

KUALA LUMPUR, Oct 27 ― Property consultancy firm Knight Frank revealed that Malaysians invested US$5.6 billion (RM23.9 billion) in several developed countries from the third quarter of 2013.

According to the “Global Cities: The 2016 Report” sighted by The Star, Malaysians invested the most in the UK between the third quarter of 2013 to the second quarter of 2015.

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Malaysians invested US$2.2 billion in UK, US$1.4 billion in Australia, US$1 billion each in the US and continental Europe.

Knight Frank LLP is a residential and commercial property consultancy founded in London in 1896.

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