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A sale of 2 cities - Cross-border investment into London and Paris

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Just five centres accounted for a quarter of all global direct investment into office real estate in 2011. London, New York and Tokyo occupied the top three spots, while Hong Kong displaced Paris following the US$2.4bn acquisition of Festival Walk by Mapletree. A longer run comparison, however, reveals Paris in fourth place behind Tokyo with a total turnover around three times that of Hong Kong.

Source : Henderson Global Investors

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