Foreign investors have rated Indian real estate among the top five of the emerging markets to invest in real estate, according to a recent survey.
The Association of Foreign Investors in Real Estate (AFIRE) stated foreign investors in real estate rated India as a top 5 investment market with the US first.
United Kingdom real estate emerged as the second-best for capital appreciation, receiving 30 per cent of respondents’ votes followed by China which received 10 per cent. The survey further said the top five emerging markets are China, Brazil, India, Mexico and Turkey. China was considered as the top emerging market, followed by Brazil and India.
“New money is becoming available and the AFIRE survey points to an increased focus and interest in a few select markets for 2010, especially London real estate and in the US, where prospects appear to be brightening,” AFIRE’s newly-elected chairman Werner Sohier said. Optimism about the state of the US real estate market remains strong, with nearly two thirds of respondents planning to increase their investment in the US in 2010 as compared to 2009.
In the June 2009 mid-year survey, half the respondents said they expected recovery by or before the second quarter of 2010, while in the 2010 annual survey, half the respondents said they expect the recovery by or before the fourth quarter of 2010. Globally three cities emerged as clear targets for investors’ real estate dollars. London real estate surged onto first place with a significant lead over both Washington and New York in second and third places respectively. Paris and Tokyo were placed as distant fourth- and fifth-place cities.
Bespoke UK Property Finding Service
Tags: Foreign Investors in Real Estate, Indian Real Estate, Real estate in London, UK real estate
Leave a Reply