1. Hong Kong
Hong Kong beat out New York for the number one slot, with $8.9 billion in investment from the third quarter of 2012 to the second quarter of 2013, but it experienced a 0.9 percent drop-off in volume compared to last year.
2. New York Metro
New York Metro on the other hand, posted a 141.4 percent increase in retail real estate investment volume since the third quarter of last year, to approximately $8.2 billion.
3. Tokyo
Tokyo followed with $5.0 billion in investment, an increase of 33.9 percent from the third quarter of 2012.
4. Los Angeles Metro
Los Angeles Metro made the Top 10 with approximately $4.3 billion in investment volume, representing an increase of 10.1 percent.
5. London
London Metro, though it made the top five with $3.5 billion in retail investment volume, experienced a 26 percent drop-off compared to last year.
6. Sydney
Sydney outperformed with a 181.6 percent increase in volume, to approximately $2.9 billion.
7. Seoul
Seoul proved a powerhouse with a 229.3 percent increase in investment over the past nine months, to roughly $2.7 billion.
8. Chicago
Chicago posted a 2 percent increase in retail real estate investment, to $2.5 billion.
9. Shanghai
Shanghai took the eighth spot with $2.1 billion, but the volume was off 13.0 percent compared to the third quarter of 2012.
10. San Francisco Metro
San Francisco Metro was number nine, with retail investment volume up 4.9 percent to $1.9 billion.