RCA Insights

Chart: Global Deal Activity Tracker, Week 11 Update

By on April 3rd, 2020

The coronavirus pandemic and associated financial and economic turbulence are challenging commercial real estate markets globally.

Earlier this month Real Capital Analytics published a first glimpse on how the crisis was dampening deal activity. This latest update shows the cumulative transaction volumes recorded in the first full 11 weeks of 2020 versus the same periods in 2018 and 2019 for the three regions of the globe: Americas, Asia Pacific and Europe, Middle East and Africa (EMEA).

Data indicates that for the first 11 weeks of this year, activity in EMEA is down 4% compared to 2019 and in the Americas deal volume is up 12%. In Asia Pacific, where COVID-19 first proliferated,  activity is 53% lower than 2019. (March deal volume data is a preliminary reading.)

As noted in our earlier article on global activity for the first eight weeks of 2020, there is a lag in the completion of deals such that transactions closing in the first quarter of 2020 will likely have started in the fourth quarter of 2019 or even earlier. That means it may take time for the current dislocation to impact transaction volumes.

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Data analysis by Beatrice Ginieis

Real Capital Analytics clients can access the first full reading of Q1 2020 U.S. transaction data on April 22 with the release of US Capital Trends. Data for Europe will be published April 29 and for Asia Pacific on May 6. 

If you would like to learn more about how to receive these reports, please contact us.  

Also on RCA Insights:

Price Recovery and Liquidity Parallels From the GFC

In Europe, These Are 10 Deals That Did Close in March