Global Economic Growth Increases Significantly in 2019

Christopher Zenios14/06/20193min
There are some cities in the world that are known to be the major financial capitals including New York, Paris, Tokyo, Singapore and Shanghai. Important financial decisions taken in these cities have a significant impact on the overall economic growth of the world. These cities are the centre of important financial activities such as real estate investment, stock exchanges, and trading companies.

However, the recent surge in real estate investment is believed to drive much of the world’s economic growth in 2019.

China’s market super active with the help of cross-border investments

Investment in commercial property in China sky-rocketed to $7 billion in the first quarter in 2019. Much of this investment comes from cross-border investors. As a result, economists believe that China’s GDP will surpass the US’ by the end of the upcoming decade. Currently, China is the top choice of foreign investors who are eager to invest in China’s real-estate market.

China is a market ripe with opportunities for investors who are willing to seek diversification and income stability. Shanghai alone has attracted a massive $10 billion capital which is a testimony to China’s growing real estate market.

Challenges in Asia: Commercial property and investors

The Sino-US trade war continues to haunt real estate investors in Asia. The Asian markets struggled to keep pace with last year’s economic growth as the global demand for consumer goods also experienced a downturn. Despite this, economists are confident that real estate markets in Hong Kong, India and China would recover from the temporary decline in investment and growth rate will see improvement in the coming years.

Canada recession aftermath

Massive downturns in housing markets in Toronto and Vancouver rung alarm bells among investors. However, Chris Catliff, the president and CEO of North Vancouver-based Blueshore Financial, is optimistic and warns investors to refrain from panicking. He asked investors to conduct thorough research on different locations in the urban centres before making any major investment decision and to invest in Real Estate Investment Trust which pays dividends on a variety of real estate assets.

Global Wealth reassured – Major cities are proof of that

Research by Anthony Duggan has indicated that commercial real estate continued to remain a favoured investment sector for global investors during the year 2017. The real estate markets in Hong Kong, New York and Shanghai showed promising results with a surge in investment activity. Real estate offers the remarkable potential for capital-value growth and the chance to diversify from existing assets. Hence, there is no surprise that real estate investment will play a crucial role in global economic growth in 2019.

Christopher Zenios

Christopher has always been a pioneer, a first adopter when it comes to technological advancements. Over the years, his expertise surrounded the real estate and digital markets and their evolution in today's society. After being the editor to various professional business news portals and blogs, he was selected to become the chief editor for HWC. Contact Christopher at +357-22029786 ext: 6110 or by email at [email protected] for editorial related questions.

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