According to Cushman and Wakefield's latest International Investment Atlas, the global property investment market saw volumes reach US$929 billion during 2012, with numbers expected to increase.
Activity in the market rose six per cent in 2012 and investment volumes rallied in Q4, indicating a return of confidence in the market, according to Cushman and Wakefield.
The company says this could see volumes in 2013 increase 14 per cent, exceeding US$1 trillion for the first time since 2007.
"Despite the uncertainty that characterised the international investment market in 2012, Australia maintained its top 10 status as a global investment target and recorded one of the strongest growth rates for investment in the Asia Pacific region," said Cushman and Wakefield managing director Australia, David Woolford.
"This is set to continue in 2013 as international investment demand broadens and Australia attracts an increasing percentage, with our AAA rated economy stacking up well globally."
According to Cushman and Wakefield, the increase in activity in 2013 will be led by North America and Asian markets.
The company says it will be driven by increased allocations to property by institutions and high net-worth individuals/families, plus increased stock on coming to the market.
"We anticipate there will be less uncertainty this year and in fact, a true change in market confidence and momentum seems to have been confirmed in the early months of 2013, as major global risk factors are seen to be receding - albeit not yet disappearing." Glenn Rufrano, global president and chief executive of Cushman and Wakefield said.
