Global property investors see surge in spending
The Guardian reports: U.S. commercial property sales are down 73 percent to $139.43 billion in 2008 compared with 2007, according to research firm Real Capital Analytics.
But investors' appetite for U.S. real estate has only sharpened in the face of these difficulties because the problems are a global phenomenon.
Foreign investors in real
estate expect to spend much more in 2009 than they did in 2008,
according to an annual report from Association of Foreign Investors in Real Estate (AFIRE).
View the full article on The Guardian: Global property investors see surge in spending
Posted by: Nina Turner