Global realty market is likely to witness an investment of more than $1 trillion this year, up 6 per cent from 2015, as investors continue to find real estate appealing on relatively higher returns, according to property consultant CBRE survey. India's real estate sector is also expected to get some benefit, though a small share, of the global real estate investment funds, the consultant said.
“Global real estate investors remain strongly expansionary in 2016, with more than $1 trillion of planned expenditures anticipated to enter global real estate markets — 6 per cent higher than in 2015,” CBRE said in a statement.
North America is the most popular destination for investment (48 per cent), ahead of Western Europe (26 per cent). london, los Angeles and Sydney are top regional targets of investors. The CBRE's Global Investor Intentions Survey, conducted between January and early February, asked investors how much capital they would deploy in real estate purchases this year.