Half of all of the commercial real estate investment worldwide
occurs in just 30 cities? A presentation at the World Economic
Forum in Davos, Switzerland from a study enacted by Jones Lang
LaSalle (JLL) is where these results came from. At this annual
event, JLL proved how of these top 30 cities, 9 came from Asia
Pacific, 9 came from Europe and 12 came from the Americas.
Boston was on this list
coming in at number 18! With $6 billion of direct commercial real
estate investment piping into the city of Boston from 2010 – 2011,
there is much of a reason to believe this trend will continue into
the coming years. With so much anticipation of all of the new
commercial developments that are or soon will get under way in The
Greater Boston Area, experts hint that Boston will continue to push
on and lead the way throughout at least the next decade.
The number one city on the list you might ask? That was London,
with a staggering figure of $43 billion in commercial real estate
investment from 2010-2011.
More Information: BankerandTradesman.com