Investors turn to second-tier global cities

摘要

The volume of investment deals in the global property market has increased by 4% to $l,5trn (£1.13trn) over the past year, fuelled by growing investor interest in second-tier cities, according to new research from Cushman & Wakefield. Investment volumes weakened in some of the biggest markets, including New York, London and Paris, but this was more than made up for by growth in smaller cities as investors cast their nets wider in search of better returns,