London (Still) Leads as Investor Target

NEW YORK CITY-All eyes may have been on New York City (or at least Times Square) as the last minutes of 2012 wound down, but for most of Q3, their focus was on London, at least if they were investors in commercial real estate. According to research released by Jones Lang LaSalle, London topped the list of the most liquid markets that are garnering investment volume.

“The larger more liquid countries are increasingly seeing more transactional activity,” the firm reports, “and this is the case at the city level as well. While the order may change quarter on quarter, over half of all transactional activity globally is done in primarily 30 main cities.”