Archive for January, 2015

Switzerland shocks markets by abandoning franc cap

The Swiss National Bank has scrapped a 3-year-old limit to keep the franc at 1.20 per euro. The move stunned markets and sent the franc soaring against the euro. "It has taken the market by complete surprise," said Jonathan Webb, head of foreign exchange strategy at Jefferies. Read full story Read more

More Foreign Capital to Pour into U.S. CRE Sector in 2015

Continuing a trend that has been a major theme for the U.S. commercial real estate industry in 2014, the vast majority of foreign investors plan to step up their acquisition activity stateside in the year ahead, according to the Association of Foreign Investors in Real Estate’s (AFIRE) annual survey. The survey, completed in the fourth quarter, found that 90 percent of respondents planned to maintain the same level of investment in U.S. properties that they had in 2014, or increase it. Read ... Read more

U.S. property continues to appeal to foreign investors

Ninety percent of foreign investors plan to increase or maintain their allocations to U.S. commercial real estate this year, according to the latest survey by the Association of Foreign Investors in Real Estate. The five most popular U.S. cities for investment are New York, San Francisco, Houston, Los Angeles and Washington, D.C. However, global interest in D.C. continues to decline, according to the survey. Read full story Read more