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Winning in growth cities 2012 / 2013

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Winning in growth cities 2012 / 2013

Against a backdrop of volatile sentiment and activity in the global property market, major cities have continued to buck the trend by seeing better demand and more stable pricing. Indeed, the top 25 cities increased their market share from 53% to 56% in the year to June, lifting investment volumes (excluding development sites) by 5.9% versus a 0.8% increase in the market as a whole.

New York was the largest global investment market for the second year running, witnessing volumes rise 18.9% to US$34.7 bn, 18% above its nearest rival, London, which saw 3.8% growth. London however is the biggest global office and hotel investment market and the largest for cross-border investors – with a massive 92% lead over the second placed city, Paris. New York remains the most prominent multi-family investment market while Los Angeles was top for industrial, Shanghai for development sites and Hong Kong for retail.

Source : Cushman & Wakefield

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Keywords : Cushman & Wakefield
  • David Hutchings

    International Partner - Head of EMEA Investment Strategy - Cushman & Wakefield London Old Broad Street

    Author of 16 études