London's Big Deal
London’s 30 St. Mary Axe building, nicknamed the Gherkin, sold in November
2014 to the Brazilian private investment company Safra Group, for a reported
$1.1 billion, making it 2014’s largest private investor transaction, according to
Knight Frank’s 2015 Wealth Report. Private investors accounted for $153 billion
of the $619 billion of commercial real estate sold worldwide in 2014, competing
with institutional buyers in both major and smaller markets.
U.S., 41 percent indicated that their international clients were from Asian
countries, 22.5 percent came from Europe, 21 percent from Latin America, and 20
percent from the Middle East.”
Border Demand and Investment,” a survey of 3,000 Realtors from IREM, CCIM
Institute, and the Canadian Real Estate Association
office rents rose 7 percent in 2014, according to Cushman & Wakefield, with
Dublin, Ireland, showing the largest rent growth at 26.5 percent, followed by
Bogota, Colombia, at 26.2 percent.