Foreign investors plan to spend more this year on U.S. real estate
BPC Staff Jan 4, 2016 | 9:27 pm
<1 min read time
91 wordsAll Latest News, Real Estate and DevelopmentMost foreign investors expect to put more money into U.S. property this year than they did in 2015, with New York remaining the top target market worldwide, according to a survey by the Association of Foreign Investors in Real Estate, Bloomberg reported. Sixty-four percent of respondents said they intend to make modest or major increases to investments in U.S. real estate this year, while 31 percent expect to maintain their holdings or reinvest sales proceeds into other U.S. assets, according to the 24th annual survey by the group, known as AFIRE.
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