Moscow - 20-th city in the world in terms of investment in commercial real estate
07.10.2011 3130

Moscow - 20-th city in the world in terms of investment in commercial real estate

New York overtook London in terms of investments in commercial real estate - over the year, investments grew by 165%. London, the second city in the world in terms of total investment, is the leader in terms of foreign investment. Tokyo, despite the earthquake, tsunami and the Fokushima disaster, remained in third place. Moscow ranks 20 in the ranking, with investments in $ 5 319 million, which is 11% more than last year. At the same time, St. Petersburg and Moscow occupy 16 and 17 places in terms of direct investment. On average, in Russia, the rate of return on shopping centers is 9,5%.

With the return of economic instability and high volatility in financial markets, investors are opting for quality projects over returns and are looking for investment opportunities in developed markets, according to a Cushman & Wakefield report. The document is based on annual results from Q4. 2010 to Q3 2011 years.

In 25 cities, where the largest volume of investments in commercial real estate was observed over the past period, the volume of investments increased by 48% over the year, which is much higher than the 41% indicator in other cities. As a result, the top 25 account for 54% of the global investment market. The leaderboard has barely changed since last year. 5 new cities appeared in it: Boston, Atlanta, San Diego, Hamburg and Melbourne, while Sydney, Taipei, Kuala Lampur, Amsterdam and Vancouver lost their positions, the largest increase in investment was observed in US cities.

8 European cities are included in 25 the fastest growing cities in the world. The fastest growing city in Europe in terms of investment growth was Frankfurt, where the two largest deals in the city center for a total of $ 1,6 billion (Deutsche Bank Twin Towers and OpernTurm) were closed.

Although New York is the first city in terms of total investment, London continues to lead in terms of international investment, followed by Paris and New York. Singapore and Beijing are ranked 4th and 5th. International investors prefer Asian and European cities over the United States. New York is the only US city in the list of 25 cities to attract foreign investment. Moscow ranks 19th in the rating - foreign investors invested $ 1,206 million, which is 27% more than in the previous period.

Hong Kong attracted the largest amount of investment in the retail sector, mainly through the sale of the Festival Walk mall for $ 2,4 billion. The Rhine Ruhr region in Germany and New York are in second and third positions, while Manchester and London are in fourth and fifth places. Moscow is at 27 place with an investment of $ 917 million

Economic trends and the situation in the commercial real estate markets will remain uncertain and vary significantly from market to market. So far, in the medium term, it all comes down to growth in emerging markets, but in the short term, there remains a lack of factors stimulating growth, which means that investors will choose stable income rather than chase growth, analysts at Cushman & Wakefield predict.

New York overtook London in terms of investments in commercial real estate - over the year, investments grew by 165%.
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