JLL: New York City attracts USD110bn in CRE investment in three years to June 2015

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In its report ‘Globalisation and Competition: The New World of Cities’, Jones Lang LaSalle (JLL) examined commercial real estate (CRE) investment across Established World Cities (New York, London, Paris, Tokyo and Hong Kong), New World Cities (smaller, but rich centres such as Melbourne or Munich) and Emerging World Cities (such as Beijing or Moscow). Over the three years to the end of June 2015, New York City received USD110bn in direct CRE investment and was in 2nd position overall. As of the end of 2014, around 160 greenfield projects were underway there.

Source : November 2015/JLL/New York City/GEN