International 
. Cushman & Wakefield has just published its annual report "Winning in Growth Cities" on the growth of real estate investment in different cities around the world. Overall, the report revealed that global real estate investment increased by 16% through June this year, putting it at its highest level since 2008, just 13% below the pre-crisis high.
However, the consultancy points out in the report that due to the rise in the price of the dollar in almost all markets of the world these figures underestimate the current strength of the market.
The real estate market also continues to concentrate a large part of its investment in 25 cities around the world. For this year those 25 cities represent 53% of the total market. New York remains in the lead as the most desirable city for real estate investments, followed by London, Tokyo, Los Angeles and San Francisco.
"Looking ahead, although increased uncertainty in some markets globally will continue to affect investors, business confidence remains high and, coupled with changes in demand brought about by new living and working practices, there is a fundamentally strong outlook for the real estate market. Our current forecast is that global volumes will rise up to 17% by the end of this year and through mid-2016," said Carlo Barel di Sant'Albano, CEO of Global Capital Markets, Cushman & Wakefield.
To read the full report visit http://global.cushmanwakefield.com
