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Foreign capital in US property reaches new heights

2019-03-04 4 Dailymotion

The demand for US commercial property assets by international investors rose to new heights in 2013 with investors pouring $38.7bn into the country, up 44 per cent from the prior year. But property brokers and sector lobbyists say these inflows are only a drop in the ocean, reports Anjli Raval, US property correspondent. Investors are being held back as a result of the Foreign Investment In Real Property Tax Act, which imposes a hefty levy on those who own US property.<br /><br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes

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