While the US still holds interest for outside real estate buyers--Washington, DC continues to hold its spot as the leading global city for commercial real estate opportunities--destinations in Japan, Eastern Europe and Australia are beginning to turn heads.

"This is not to say that foreign investors in real estate are pulling out of the US," AFIRE chief executive James A. Fetgatter notes. "In fact, according to our survey, by substantial margins, the US continues to rank both as the number one country for 'stable and secure' real estate investments and the country offering the 'best opportunity for capital appreciation.' It's just that in an increasingly global market, investors are open to exploring new opportunities."

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