Office and multifamily properties in U.S. cities, including those on the coasts and in the heartland, continue to top global real estate investors’ acquisition wish list, according to Winning in Growth Cities, a recent report by Cushman & Wakefield. Cushman & Wakefield researchers estimate that cross-border capital flows in the commercial real estate sector rose 11.8 percent from the third quarter of 2012 to the second quarter of this year, reaching $170.7 billion. They credit U.S.’ relatively stable economic environment and recovering housing market for the prevalence of U.S. cities on the list. But while mainstays New York and Los Angeles are certainly attractive to global investors, more and more money is going toward what are sometimes considered secondary cities like Houston. To take an in-depth look at the Top 10 Global Cities for Real Estate Investment, look through our slideshow. The numbers are based on investment in existing properties only, and exclude investment in development.
