Of the five fastest growing destinations of 2014, four are located in Asia. Michal Kaczmarski investigates which countries are on form and why.

Real estate investment is thriving, with industry-watchers all over the world reporting increased demand. However, as Karen E Thuermer reports, the type of demand differs quite dramatically from country to country and region to region.

Spain's economic success stories have been thin on the ground since the onset of the global financial crisis, but that is changing, with capital city Madrid leading the country's charge across the hi-tech, transport and real estate sectors.

The Malaysian capital of Kuala Lumpur is a popular destination for tourists, and is rising in prominence as a finance and business hub for the south-east Asia region. Barbara Njau charts the city's progress.

While Johannesburg remains way out in front when it comes to African international finance centres, competition is emerging in Casablanca, Lagos and Rwanda. And though reputational issues may dog much of the continent, it would seem that South Africa will not have everything its own way in the coming years.

Far from the Kremlin's corridors of power, Russia's second-tier cities are striving to transform themselves. fDi looks at how the Russian cities of Tomsk, Rostov-on-Don and Tula are trying to attract investors amid geopolitical uncertainty in the region.

After a hugely successful 2013, expectations are high for the real estate sector in the Russian cities of Moscow and St Petersburg. However, unlike previous booms in the country, this particular building frenzy is largely being driven by foreign companies drawn in by Russia's rapidly growing middle class.