Real estate investors are shunning the threat of Brexit and have ranked London, UK as the world’s top city for investment
Real estate investors are shunning the threat of Brexit and have ranked London, UK as the world’s top city for investment.
It means that after 7 years New York has lost its top ranking among members of the Association of Foreign Investors in Real Estate but remains above the other cities in the top 5: Berlin, Los Angeles and Frankfurt.
While New York’s slip is big news, the most significant drop for US cities in the survey is San Francisco’s plunge from the top 5 since 2011, to number 11 in 2017.
Washington DC also took a large drop this time, landing at number 25 from last year’s placing at 15.
Among US cities, New York shares its top ranking with Los Angeles and the complete top 5 is:
1. Los Angeles (tied with New York, #2 last year)
1. New York (tied with Los Angeles, #1 last year)
3. Seattle (#4 last year)
4. Washington, DC (#6 last year)
5. San Francisco (#5 last year)
The United States remains the most stable country for real estate investment with 58% of the votes, followed by Germany, Canada, UK and Australia.
The US also tops the list of countries for best opportunity for capital appreciation, followed by Brazil, China, Spain and the UK.
Brazil, China, India, Mexico and Colombia are named the best emerging countries.
AFIRE members are among the largest international institutional real estate investors in the world and have an estimated $2 trillion or more in real estate assets under management globally.
It means that after 7 years New York has lost its top ranking among members of the Association of Foreign Investors in Real Estate but remains above the other cities in the top 5: Berlin, Los Angeles and Frankfurt.
While New York’s slip is big news, the most significant drop for US cities in the survey is San Francisco’s plunge from the top 5 since 2011, to number 11 in 2017.
Washington DC also took a large drop this time, landing at number 25 from last year’s placing at 15.
Among US cities, New York shares its top ranking with Los Angeles and the complete top 5 is:
1. Los Angeles (tied with New York, #2 last year)
1. New York (tied with Los Angeles, #1 last year)
3. Seattle (#4 last year)
4. Washington, DC (#6 last year)
5. San Francisco (#5 last year)
The United States remains the most stable country for real estate investment with 58% of the votes, followed by Germany, Canada, UK and Australia.
The US also tops the list of countries for best opportunity for capital appreciation, followed by Brazil, China, Spain and the UK.
Brazil, China, India, Mexico and Colombia are named the best emerging countries.
AFIRE members are among the largest international institutional real estate investors in the world and have an estimated $2 trillion or more in real estate assets under management globally.
