London, New York top list of global CRE investment in 2018: report

Global commercial real estate investment topped $730 billion last year in the top 30 cities, as investors around the world poured in a record amount. The news wasn’t all good, as investment was expected to fall this year. London maintained its position in the top spot from 2017, according to a newly-released JLL report, which ranks 30 cities with the largest investment worldwide. New York overtook Los Angeles for the second spot in 2018 L.A. dropped to sixth on the list. Chicago jumped from 15th to 9th. Miami has not been on the list since 2016, when it clocked in at No. 22.