DAVOS, SWITZERLAND – January 26, 2012 – (RealEstateRama) — As world leaders gather to address global challenges at the World Economic Forum annual meeting in Davos-Klosters, Switzerland, a new report by Jones Lang LaSalle (NYSE:JLL) reveals that more than half of all global real estate investment resides in 30 cities. A quarter of the total investment is in five top-tier cities: London, Tokyo, New York, Hong Kong and Paris. This is set to change by the turn of the decade, however, when newer destinations such as Beijing, Shanghai, Moscow and Sao Paulo will become serious contenders for real estate dollars.
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