Jan
10
NYC No Longer First Global City in RE Investments
ByLos Angeles ranked fourth globally, according to results of the 26th annual survey of members of the Association of Foreign Investors in Real Estate conducted in the fourth quarter of 2017.
Apparently spurred by e-commerce’s impact on industrial and logistics properties near its port, Los Angeles has tied New York as the number one city in the United States for foreign investment, moving up from second last year in an annual survey.
Los Angeles also ranked fourth globally, according to results of the 26th annual survey of members of the Association of Foreign Investors in Real Estate conducted in the fourth quarter of 2017 by the James A. Graaskamp Center for Real Estate, Wisconsin School of Business. AFIRE members are among the largest institutional real estate investors in the world and have an estimated $2 trillion or more in real estate assets under management globally…
