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Real estate assets account for 35% of UHNW investment portfolios: Citi Private Bank

The 2011 edition of The Wealth Report, launched today by Citi Private Bank and Knight Frank, shows that prime property remains incredibly important to the world’s wealthiest people. On average, property accounts for 35% of UHNWI investment portfolios, second in importance only to investing in their own businesses.Schooling and tax are growing drivers for super-rich property purchases: 29% of South…

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