Asian Investors Eye Global Cities For $150B In RE Funds

Law360, New York (July 31, 2013, 3:06 PM EDT) -- Asian investors looking to diversify in real estate but currently held back by few property options in their home countries are expected to inject $150 billion into London, New York and other global gateway cities, CBRE Inc. said in a report released Wednesday.

Spurred by the search for higher profits and lack of options back home, the value of investments from Asian sources to overseas real estate markets shot up from $2 billion in 2008 to $9 billion last year.

And CBRE predicts that even with...
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