New York City regained its top position among global commercial real estate buyers, unseating London and highlighting the appeal of U.S. properties in general, according to a survey of international investors released last week.

More than 90 percent of respondents said they planned to maintain or increase the size of their U.S. portfolio in 2015, according to the survey conducted by the Association of Foreign Investors in Real Estate (AFIRE). AFIRE members have an estimated $2 trillion in real estate assets under management. The U.S. was voted the most stable and secure country for investment, outdoing both second-place Germany and third-place United Kingdom. Foreign investors also chose the U.S. as the best place for capital appreciation, outperforming second-place Spain and third-place U.K.

“As it periodically has been in the past, the United States is currently the target of much of the foreign investment in real estate globally,” said Thomas Arnold, Head of Americas-Real Estate Abu Dhabi Investment Authority and Chairman of AFIRE. “With a stable and transparent market and an economy that appears to be steadily improving without the fits and starts experienced in other regions, the U.S. has become the first stop for foreign real estate investors.”

London, San Francisco, Tokyo and Madrid make up the top five cities globally. Last year Tokyo was in fifteenth place and Madrid ranked thirteenth. These cities replaced Houston and Los Angeles.