February 9, 2018
The appetite for income-producing commercial real estate continued unabated in 2017. Research by Real Capital Analytics (RCA) shows global acquisition activity pushed towards record levels, reaching the second highest watermark in a decade.
Worldwide volume surpassed 2016’s total, in part driven by increased activity in in the EMEA and Asia Pacific regions, notes RCA researcher Simon Mallinson. The Americas cross-border investment activity slipped, largely as a result of weaker transaction volume in the U.S. Deal volume in New York dropped by a third, compared to the previous year.
European activity grew in the five largest country markets, and seven of the top 10 metros for cross-border capital investments were in Europe. London topped the cross-border capital list, while Madrid and Helsinki both jumped up on the list.
Meanwhile, Hong Kong set investment records, becoming the Asia Pacific region’s top metro for income-producing CRE.
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