Geographic diversification of equity is more important than ever to the world’s ultra-affluent population, according to a survey of more than 250 real estate agents from the Christie’s International Real Estate worldwide network.
Despite a slight drop in the number of billionaires worldwide for the first time since 2009, international investors continued to purchase luxury real estate at a relatively stable rate.
Of the more than 100 luxury real estate markets surveyed, 76% reported an increase or no change in luxury property purchases by their top three overseas buyer groups.