Foreign ownership concentrated on the Westside and Downtown Los Angeles

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Foreign ownership in westside and downtown los angeles'

Over the last five years, foreign buyers have acquired over $9.7 billion of office product in Los Angeles. The Westside and Downtown CBD markets have been primary recipients of international capital. Higher rents on the Westside and the quality of assets in Downtown are some of the key drivers.

Given Los Angeles’ growing importance as a global hub and its diversified economy, we expect interest in the Los Angeles property market by foreign investors to only continue to grow.

For more information contact Henry Gjestrum.
Visit the JLL Los Angeles Research webpage for additional market insight.

Sources: JLL Research and Real Capital Analytics

 

 

 

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