According to the JLL‘s latest research, London continued its leadership as the top city for global commercial real estate investment in 2018.
The total volumes in global real estate investment reached $733 billion in 2018 which increased by 4 percent from 2017.According to the research, 31 percent of total volumes consist of overseas purchases.
Richard Bloxam, Global Head of Capital Markets at JLL, said: “In a year when investors have had to deal with increasing populism, protectionism and political uncertainty, the appeal of real estate as an asset class has continued to increase. Interestingly, investors remain focused on gateway cities, despite tight pricing. Many are looking at alternative or emerging locations, as well as varying real estate property types within these cities, rather than exploring other less familiar cities. A notable trend is that half of these established gateway cities are in Asia Pacific. Increasing transparency in these markets is encouraging more investment, moving these cities even higher up the rankings in 2019 and beyond.”
