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Global Trade in Property Set to Grow, Finds DTZ

LONDON-Despite the current economic uncertainty global cross-border investment activity in prime real estate will continue to increase over the next three years according to DTZ's annual Global Investment Intentions Survey.

By Graham Parker | Updated on October 02, 2003

LONDON-Cross-border investment in property is still on an upward curve according to DTZ’s third annual Global Investment Intentions Survey and Europe is attracting the lion’s share of activity.

The DTZ researchers polled investors collectively controlling portfolios valued at around €4.1 trillion ($4.8 trillion) including €711 billion ($840 billion) of real estate and found that over three-quarters already invest in foreign markets. And half of respondents plan to increase their level of foreign real estate assets over the next five years.

In terms of the most popular real estate investment locations the US remains the top country for foreign investment in the Americas, with the UK being the most preferred location in Europe and Japan in Asia Pacific. A surge in investment in Eastern Europe is predicted following the entry of 10 European countries into the European Union in 2004. DTZ Research estimates that EU enlargement will increase the EU’s total real estate stock by 9% from €6.6 trillion ($7.8 trillion) to €7.2 trillion ($8.5 trillion), which has significant implications for real estate investment.

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