13.09.2012 - Global retail property investment to hit $180 bln by 2020: JLL
Annual investment volumes in retail real estate could hit $180 bn (almost EUR 140 bn) globally by 2020 due to increasing cross-border activity, according to Jones Lang LaSalle. The property adviser said cross-border activity is showing growth of around 50% on the projected volumes for 2012 ($110-125 bn). Retail's overall contribution to real estate investment is expected to sit at close to 30% over the remainder of this decade, an increase from the 24% last decade. Growth markets are projected to account for around one-quarter of global retail investment by 2020, compared to less than 10% today. By contrast, established markets will decline from 83% to just above 60%..............................................Full Article: Source
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