New York City has emerged as the top spot among global commercial real estate investors pushing London into second place.
The vast majority (more than 90 per cent) of respondents to a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE) stated that they planned to either maintain or increase the size of their US holdings in 2015. AFIRE members currently have an estimated $2 trillion in real estate assets under management.
The US was voted the “most stable and secure country for investment” withGermany in second place and the UK in the third-place position.
Within the US, San Francisco was the second choice, followed by Houston, Los Angeles and Washington, DC.
Brazil was ranked in the top spot for emerging markets. China holds the second-place ranking. Mexico is in third place, and Poland and Chile are tied for fourth spot.