New York took the top spot for global real estate investment volume in the 2013 ranking, with $49.2 billion. The figure represents a whopping 39 percent increase compared to 2012.
2. London Metro
London was the runner-up with approximately $32.2 billion in investment volume, an increase of 6.1 percent from the third quarter a year ago.
3. Los Angeles Metro
Los Angeles Metro may be third on the list, but its commercial real estate market experienced the most striking uptick in global capital flows over the past year, at 77.3 percent, to $30.7 billion.
4. Tokyo
Tokyo properties attracted $25.8 billion in capital from global investors, representing an increase of 1.6 percent from 2012.
5. San Francisco Metro
San Francisco Metro was another outperformer, posting an increase of 37.9 percent in real estate investment volume, to $21.7 billion.
6. Washington D.C. Metro
Washington, D.C. also had a good year, in spite of worries over cuts to government spending. The city’s commercial buildings experienced a 42.1 percent increase in global investment capital, to approximately $20.3 billion.
7. Hong Kong
Hong Kong claimed the number seven spot, with $18.8 billion and an increase of 9.9 percent over investment volume in third quarter 2012.
8. Paris
Paris was one of the few cities that lost some appeal over the last year. Global real estate investment volume in the City of Lights took a 27.0 percent dive, to $15.9 billion. But the city’s buildings remained attractive enough to claim the number eight spot.
9. Houston
Houston, on the other hand, has been on the upswing, posting a 37.6 percent increase in global capital in-flows into its real estate, to $10.8 billion.
10. Chicago
Chicago rounded up the Top 10, with $10.6 billion in investment volume. The city did experience a decrease in interest, however, with volume falling 3.4 percent from 2012.
