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NYC, San Francisco, DC Slip; LA Gains Favor Among Foreign RE Investors

Among foreign investors, interest in New York has slipped and London has assumed first place as the top global city for their real estate investments, according to the results of a new survey of members of the Association of Foreign Investors in Real Estate (AFIRE) released today. In last year's survey, London ranked third globally; Los Angeles ranked second among U.S. cities and fourth globally. "A year later, foreign investors are less concerned...