One insane graph shows just how much London dominates Europe's property market

Knight Frank’s Global Cities 2016 report is out and it’s a gold mine of information on property markets around the world.

It’s no secret that London’s property market is going through a huge boom at the moment but one crazy graph from Knight Frank’s report highlights just how far ahead the city is compared to the rest of Europe.

It shows investment in commercial property — offices, retail space etc. — in key cities across Europe during the year to the second quarter of 2015.

London comes out on top and the gulf between the city and the rest of Europe is so large the graph is almost too big to fit on the screen.

A huge $US49 billion (£31.7 billion) has been pumped into London property in the period, more than double the total invested in the number 2 city, Paris ($US21.6 billion/£13.9 billion). Frankfurt, in third place, had just $US8.7 billion (£5.6 billion) invested.

It’s not hard to see where all the money is going. London is going through a skyscraper boom at the moment, with high rises rapidly filling the skyline of the once iconic low rise city.

NOW WATCH: Pablo Escobar: The life and death of one of the biggest cocaine kingpins in history

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.