Despite the large drop in commercial real estate property values in the U.S., foreign investors continue to view the country as having the best opportunity for capital appreciation.

Country 2009 Rank 2009 % 2008 Rank 2008 % 2007 Rank 2007 % 2006 Rank 2006 %
United States 1 50.0% 1 36.8% 1 26.2% 1 23.0
United Kingdom 2 30.0 4 10.5 9 2.4 10 1.6
China 3 10.0 3 12.3 2 21.4 3 14.8
Brazil 4 3.3 2 15.8 12 0.0 15 0.0
Germany 4 3.3 6 3.5 6 4.8 4 9.8
Canada 6 1.7 13 0.0 9 2.4 8 3.3

Sources: James A. Graaskamp Center for Real Estate Association of Foreign Investors in Real Estate