Rising city stars for the ultra-wealthy
A new report has taken a look at ultra-high-net-worth investment in residential property around the world, and highlighted 12 “cities on the rise” that are “likely to outperform the prime world cities with growth from a low base as they become more fully invested.”
The Candy GPS Report, produced by Candy & Candy with Deutsche Asset & Wealth Management, takes a look at investment opportunities in Beirut, Cape Town, Chennai, Chicago, Dublin, Istanbul, Jakarta, Lagos, Melbourne, Miami, Panama City and Tel Aviv.
The report notes: “With many world city prime markets now looking fully valued, the question is: which cities will show growth next? Investors have already been spreading their wings away from the established safe havens