Cheap US Real Estate tops latest investment poll

The Association of Foreign Investors in Real Estate (AFIRE), a respected US real estate organization, showed in their latest survey that cheap American property was of most interest to investors.
Jan. 28, 2013 - PRLog -- Their 21st annual AFIRE survey, which questioned members from all over the world, ranked four US cities in the world’s top five destinations for commercial real estate foreign investment.

Reflecting the rise in the US market, almost 40% of respondents were more optimistic than last year and the majority said their views were unchanged. Few were pessimistic.

An overwhelming 81% planned to increase their US portfolios – with almost a third planning a “major increase”. No-one planned to decrease their investment.

America is seen as the most stable and secure place for real investment opportunities, followed by Canada, Germany, Australia, the UK and Sweden, which was unranked last year.

New AFIRE chairman, Christoph A. Kahl, chairman of German-based Jamestown US-Immobilien GmbH says, "The dominance of U.S. cities among investors’ Top Global choices, with four of the five being in the U.S., evidences the U.S. as the most transparent, professional and liquid real estate market in the world.

“Particularly as compared to other countries, population growth in the U.S. will be a major driver for long-term capital appreciation and is one of the reasons why the institutional investment community worldwide favors the U.S. for its real estate allocations.”
Email:*** Email Verified
Tags:American Property, Us Real Estate, Cheap US foreclosures, Cheap florida property
Industry:Real Estate, Property
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse News
Daily News
Weekly News

Like PRLog?
Click to Share