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For 2012, it has been reported that the United States will retain its spot as having the most commercial real estate around the globe. Brazil is not far behind however, as it trails behind the US at second place.
The country’s top position can be attributed to the fact that the United States has the most secure and stable options when it comes to real estate. Occupancy growth, as well as improvement in the rent of real estate has also contributed to why the country still has the most commercial real estates globally.
In the past year, real estate investors have focused on cities like New York, Boston, Los Angeles, Washington, and San Francisco. When it came to attracting cross-border investments in 2011, the United States came up at second place, behind the United Kingdom.
As for Brazil, the country is increasingly becoming a hotspot for global commercial investors with its safer investment environment and its bubbling economy. Sao Paolo for instance, coming from 26th place last year for real estate investments, it has jumped to 4th place in 2012, a major leap in ranking which is indicative of how well the commercial real estate market is going in Brazil.
Despite Brazil’s vast improvements however, it still cannot replace the United States in terms of global real estate investments, at least not in the near future. With all that the United States has accomplished in its economy, Brazil still has quite a way to go before it can accomplish the achievements that the US has achieved.
