A skyscraper here, a shopping center there, one acre after another: the Israelis are again buying US real estate. A survey by Bregman Baraz Real Estate commissioned by 'Globes' found that Israelis were the second largest foreign buyers of US income-producing real estate in the period from July 2010-June 2011, after Canadians.
Foreign investment accounted for 7.5% of total investment in US income-producing real estate in this period, with Israelis accounting for one tenth of the foreign investment, or 0.75% of total investment in the sector. Israelis invested $1.15 billion to buy 36 income-producing properties in the US over the past 12 months, after the $4.22 billion invested by Canadians, and ahead of the $1.14 billion invested by the Swiss. Total foreign investment was $12.15 billion. Read more >>
