International view: Record high for global property investment
Last month, the Telegraph reported that global investment in property during 2017 reached a record high of £1.62 trillion, representing a 13.3% increase.
Asian capital accounted for over half of all funds invested, with London remaining the most popular place for international money. The paper cited a new report from property agency, Cushman & Wakefield, which saw any concerns about Brexit offset by sterling’s fall in value.
In Europe, Asian investment virtually doubled, but the US remained the key target for international investors, although by a reduced lead than previously. Investment in the Middle East is now at its lowest level since 2012.