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.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes