Dallas joins the ranks of world's top <b>real estate investment</b> markets | Real Estate Investing |
| Dallas joins the ranks of world's top <b>real estate investment</b> markets Posted: 08 Oct 2014 08:21 AM PDT Published: October 8, 2014 10:21 am  A new report ranks Dallas among the world's top cities for real estate investment. The Dallas-area placed ninth in the list with other markets including New York, London and Tokyo in Cushman & Wakefield's "growth cities" report. Dallas recorded $14.1 billion in real estate investments for the 1-year period ending with second quarter of 2014 an increase of 32.5 percent from the previous year. That pushed Houston out of the top 10 list and puts Big D right behind Chicago and Washington, D.C. in the comparison. Cushman & Wakefield reported that global real estate investment for the period rise by 17.2 percent to $788 billion. "Dallas continues to be a leader in domestic real estate investment and corporate migration, and those trends should continue for some time," Steve Everbach, who heads Cushman & Wakefield's Dallas office, said in a statement. New York was the leading market in the survey with $55.4 billion in real estate investments. Foreign real estate investment in markets across the globe is up by almost 40 percent, according to C&W. Dallas, Atlanta, Houston, Denver and Austin were also identified as markets where investors are likely to ramp up office purchases in 2015. Top Picks |
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