RCA Insights

Chart: Global Deal Volume Tracker, First 110 Days

By on April 29th, 2020

The latest Real Capital Analytics reading of global commercial real estate investment activity shows that deal volume in the Americas for the first 110 days of this year is down just 2% versus 2019, in spite of the economic and financial upheaval caused by the novel coronavirus.

In Europe, Middle East and Africa (EMEA), direct acquisitions of commercial property have fallen 9% in the first 110 days compared with the same period a year ago, and in Asia Pacific deal volume has slumped by 57%.

Early this year, deal activity in the Americas surged ahead of the 2019 pace with several sizable entity-level transactions completing. Into April, fewer large deals are closing. These include the acquisition of a Boston office property for more than $700 million and a Danish pension fund’s purchase of an interest in a 13-property U.S. apartment portfolio.

As reported in the latest editions of US Capital Trends and Europe Capital Trends, the effects of the COVID-19 crisis are likely to register more significantly in second quarter investment activity.

==

Data analysis by Alexis Maltin

This analysis uses a deal price floor of $10 million for comparability between global zones. The price threshold used for RCA’s US Capital Trends and Europe Capital Trends reports is lower.

Real Capital Analytics clients can access full analysis of Q1 2020 European transaction activity by downloading the new edition of Europe Capital Trends, released April 29. The first full reading of Q1 2020 deal data for Asia Pacific will be published on May 6. 

If you would like to learn more about how to receive Real Capital Analytics data and reports, please contact us.