According to ASAP Business Partner JLL, despite Brexit concerns, London topped the global city league tables for commercial real estate investment in 2017, rising 35% to $33bn.
Los Angeles moved into second place, attracting $23bn investment, New York came third with $21bn, followed by Paris. Berlin and Frankfurt both moved up but were still well outside the top group.
Overall transaction volumes in the global real estate market came close to $700bn for the full-year, exceeding the robust levels of 2016 despite geopolitical uncertainty.
Over 300 global benchmarks assess the relative performance of cities in the JLL index, including finance and business activity, demographic diversity, innovation, infrastructure, investment profile, quality of life, culture, governance and institutional framework.