New research shows that London has assumed first place as the number one global city for foreign real estate investors.
According to the results of a new survey taken among the members of the Association of Foreign Investors in Real Estate (AFIRE), investors are far less concerns about the potential impact of Brexit than they were a year ago.
“The London market has been buoyed by several large sales over the last year,” explained Edward M. Casal, AFIRE’s newly elected chairman. “London has a number of attributes as a location for investment, including a stable rule of law, transparency, and use of the English language. In addition, a favourable time zone for international business, deep labour pool, and cultural attributes also help.”
Rounding out the list of top five global cities, in order, are: New York, Berlin, Los Angeles and Frankfurt.
Overall, the US was found to be the market which is most stable and offers the best capital appreciation opportunities, while Brazil was found to be the world’s best emerging market for overseas investors.
Top Five Global Cities
- London
- New York
- Berlin
- Los Angeles
- Frankfurt
Most Stable and Secure Countries for Real Estate Investment
- US
- Germany
- Canada
- UK
- Australia
Countries Providing the Best Opportunity for Capital Appreciation
- US
- Brazil
- China
- Spain
- UK
Top Emerging Countries
- Brazil
- China
= 3. India
= 3. Mexico
- Colombia
Article published 17th January 2018