Global property investment volumes fell for the first time in seven years, dropping 5.7% to $919.7bn in the year to the end of June, according to figures from Cushman & Wakefield.
The decline indicates concern over such issues as instability in the Chinese market and Brexit, the company’s head of European investment strategy, David Hutchings, said.
New York attracted the most cross-border investment, taking top place from London.
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