The United States will remain the first choice of most investors in commercial property in 2012, but the country has lost ground to Brazil, which became the number two, according to a survey released Sunday.
Commercial property in Brazil, with its bustling economy and its environment safer investments have become a point appealing to global investors, according to the 20th annual survey of members of the Association of Foreign Investors in Real Estate (Afire, its acronym in English).
The U.S. lost ground to Brazil, with 18.6% of respondents stating that the Brazilian property market offers the best chance of recovery for their investments in dollars.
This represents an increase of 14.2 percentage points, leading Brazil from fourth to second position and making China drop to third place, the survey showed.
The research highlights that the United States are still very targeted and were the second country after Britain to attract more foreign investment in 2011, according to preliminary data from Real Capital Analytics.
“But in any case, Brazil will replace the U.S., at least not in the foreseeable future. Brazil is now considered a safer place to invest, where you can get the capital valued a good income.”