ABSTRACT

Over the last decade the real estate industry has become increasingly international, even reaching a global scale. Investors, no longer restricted to their home countries, have found more and sometimes better opportunities in foreign markets. Financing real estate in the construction and property management phase is also becoming less nationalistic. This partly has to do with the fact that real estate companies follow their expanding multinational clients, thus becoming multinationals themselves. Real estate consultants and agencies show the same shift.