Direct property acquisitions of US commercial property by cross-border investors accounted for over $10.1 billion of transactions over the past year, representing 7% of all US volume. Cross-border investment had dropped to an insignificant level in
2009, but foreign investors are now reporting a strong appetite for US real estate, and that is becoming evident in transaction activity. Still, while cross-border volume is up 138% in the past year, it is just 25% of peak levels. Not included in these totals are foreign investors, which have purchased minority interests in another $6.6 billion of US property over the past year, and are active in indirect vehicles as well as through mortgage originations, with international banks ramping up US property lending.
To read more, click here to download the full PDF.
Data subject to future revision; based on properties & portfolios $2.5 mil and greater.
©2012 Real Capital Analytics Inc. All rights reserved.