Foreign Investors in NYC Real Estate | Robert Khodadadian
NYC – The New Year is upon us and already there have been some big shakeups in the commercial real estate market in New York City. Most notably, the city has reclaimed its spot as the best place for global property investors to purchase commercial real estate. This is all according to a recently released survey of international investors in which 90% of respondents said that they have plans to either maintain their current investments in New York City or expand them.
Previously, London held this top spot, but a strong economy and health real estate market has helped New York City move back up to first place. In addition, the survey indicated that investors view the United States as a whole as the most stable country as far as their real estate investments are concerned, with the market in New York City playing a large role in that.
Beyond 2015, many investors believe that the largest source of capital in the United States will be coming from China. There have been several major commercial property deals involving Chinese investors lately, and we only see that trend continuing.
This survey was conducted by the Association of Foreign Investors in Real Estate (AFIRE), and gave more than a few indications of where things are headed. Whether investors from this country or others are looking for great properties in New York City, the team at Skyline Properties will be here to broker some of the biggest deals in 2015 and beyond. We can’t wait to see what the future holds for the commercial real estate scene in the city, and we are proud to be a part of it.