New York continues to attract the most foreign capital
According to Knight Frank’s global research report Active Capital – The Report 2017, which examined domestic and overseas capital flows globally, New York attracted the most overseas capital in 2016, $16.3 billion, but remained largely driven by domestic buyers, who accounted for 60 percent of total investment.
London was ranked second in terms of overseas investment, but the $15.9 billion of foreign capital represented 80 percent of total volumes, making it the super city most driven by overseas capital.
Paris followed in third with $9.7 billion of foreign capital, representing 39 percent of total volumes. Berlin and Shanghai followed with $6.8 billion (69 percent) and $6 billion (18 percent) of foreign capital, respectively,
Knight Frank predicted more than 30 percent of total global transactions would be cross-border as the globalization of real estate continues in 2018.
There are more diverse buyer types who are investing globally, f