JLL: Foreign investment up in secondary U.S. markets
Chicago — As more foreign capital streams into the U.S., global investors appear poised to ratchet up risk levels, according to Jones Lang LaSalle’s’ most recent Global Capital Flows report.
“Asia Pacific and the Americas are seeing continued growth in investor appetite for direct commercial property; however, in contrast to what we witnessed last year, both new and experienced investors are taking on additional risk,” said Arthur de Haast, lead director, International Capital Group at Jones Lang LaSalle.
The new risks include increasing the number of investments in secondary cities, particularly in Europe and the U.S., he continued.
The rising price of assets in major cities and slowly improving global economies appear to be creating the trend, the report said.