Half of all of the commercial real estate investment worldwide occurs in just 30 cities? A presentation at the World Economic Forum in Davos, Switzerland from a study enacted by Jones Lang LaSalle (JLL) is where these results came from. At this annual event, JLL proved how of these top 30 cities, 9 came from Asia Pacific, 9 came from Europe and 12 came from the Americas.
Boston was on this list coming in at number 18! With $6 billion of direct commercial real estate investment piping into the city of Boston from 2010 - 2011, there is much of a reason to believe this trend will continue into the coming years. With so much anticipation of all of the new commercial developments that are or soon will get under way in The Greater Boston Area, experts hint that Boston will continue to push on and lead the way throughout at least the next decade.
The number one city on the list you might ask? That was London, with a staggering figure of $43 billion in commercial real estate investment from 2010-2011.
More Information: BankerandTradesman.com