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  • Digg it UP - Overseas Investors Favor US Properties

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    merous deals made by them during 2006, worth mentioning is the Isisthmar’s Park Avenue deal.

    Chief Executive of Washington D.C based AFIRE, Jim Fetgatter states that the Australians have been investing in overseas real estate properties since a long time. In 2005, Australia had invested around $7.7 billion and was considered as one of the largest foreign i

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    Investment in US real estate properties is gaining momentum among foreign nationals. Real Capital Analytics (RCA), a New York City based research firm, has conducted a research on the foreign investments in the US real estate market. According to its report, US has spent $336 billion in commercial real estate in 2006, which includes office towers, apartment complexes, retail centers and industrial buildings. Out of these real estate investments, foreign investments amount to $19.6 billion, which accounts for more than 5 percent of the total investment amount. Although this amount equals last year’s investments, it is clearly five times higher than 2001.

    In 2006, investors from Middle East were the major buyers of the commercial real estate properties in the US. They had invested around $5.29 billion. Australia followed closely with an investment of $3.78 billion. Countries of the Pacific Rim region, which include Singapore, Taiwan, Japan, South Korea, Hong Kong and China, were the third largest investors with a total investment of $3.29 billion followed by Canada and Germany.

    Director of Market Analysis at RCA, Dan Fasulo feels that the US real estate market is under the impact of globalization. Due to rising oil prices around the world, Middle East, which is the biggest oil supplier, has ended up in raking wealth. Middle East investors have found the US real estate investments comparatively more profitable. Among the numerous deals made by them during 2006, worth mentioning is the Isisthmar’s Park Avenue deal.

    Chief Executive of Washington D.C based AFIRE, Jim Fetgatter states that the Australians have been investing in overseas real estate properties since a long time. In 2005, Australia had invested around $7.7 billion and was considered as one of the largest foreign i

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    lexes, retail centers and industrial buildings. Out of these real estate investments, foreign investments amount to $19.6 billion, which accounts for more than 5 percent of the total investment amount. Although this amount equals last year’s investments, it is clearly five times higher than 2001.

    In 2006, investors from Middle East were the major buyers of the commercial real estate properties in the US. They had invested around $5.29 billion. Australia followed closely with an investment of $3.78 billion. Countries of the Pacific Rim region, which include Singapore, Taiwan, Japan, South Korea, Hong Kong and China, were the third largest investors with a total investment of $3.29 billion followed by Canada and Germany.

    Director of Market Analysis at RCA, Dan Fasulo feels that the US real estate market is under the impact of globalization. Due to rising oil prices around the world, Middle East, which is the biggest oil supplier, has ended up in raking wealth. Middle East investors have found the US real estate investments comparatively more profitable. Among the numerous deals made by them during 2006, worth mentioning is the Isisthmar’s Park Avenue deal.

    Chief Executive of Washington D.C based AFIRE, Jim Fetgatter states that the Australians have been investing in overseas real estate properties since a long time. In 2005, Australia had invested around $7.7 billion and was considered as one of the largest foreign i

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    the commercial real estate properties in the US. They had invested around $5.29 billion. Australia followed closely with an investment of $3.78 billion. Countries of the Pacific Rim region, which include Singapore, Taiwan, Japan, South Korea, Hong Kong and China, were the third largest investors with a total investment of $3.29 billion followed by Canada and Germany.

    Director of Market Analysis at RCA, Dan Fasulo feels that the US real estate market is under the impact of globalization. Due to rising oil prices around the world, Middle East, which is the biggest oil supplier, has ended up in raking wealth. Middle East investors have found the US real estate investments comparatively more profitable. Among the numerous deals made by them during 2006, worth mentioning is the Isisthmar’s Park Avenue deal.

    Chief Executive of Washington D.C based AFIRE, Jim Fetgatter states that the Australians have been investing in overseas real estate properties since a long time. In 2005, Australia had invested around $7.7 billion and was considered as one of the largest foreign i

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    Director of Market Analysis at RCA, Dan Fasulo feels that the US real estate market is under the impact of globalization. Due to rising oil prices around the world, Middle East, which is the biggest oil supplier, has ended up in raking wealth. Middle East investors have found the US real estate investments comparatively more profitable. Among the numerous deals made by them during 2006, worth mentioning is the Isisthmar’s Park Avenue deal.

    Chief Executive of Washington D.C based AFIRE, Jim Fetgatter states that the Australians have been investing in overseas real estate properties since a long time. In 2005, Australia had invested around $7.7 billion and was considered as one of the largest foreign i

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    merous deals made by them during 2006, worth mentioning is the Isisthmar’s Park Avenue deal.

    Chief Executive of Washington D.C based AFIRE, Jim Fetgatter states that the Australians have been investing in overseas real estate properties since a long time. In 2005, Australia had invested around $7.7 billion and was considered as one of the largest foreign investors in US real estate.

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