By Simon Mallinson on February 2nd, 2021
The industrial sector has augmented its share of commercial property deal activity in 2020, a trend well documented by Real Capital Analytics on RCA Insights in recent months. The apartment sector, too, has increased its dominance of the commercial real estate universe in the Americas, and gained traction in Asia Pacific and Europe, the Middle East and Africa (EMEA).
The office sector, meanwhile, has ceded ground as the global health crisis raised questions about demand for traditional office work arrangements. In the Americas the sector’s share of deal volume dropped to 23% in 2020, slipping below that of the industrial sector for the first time. In Asia Pacific the share edged down to 48%. In EMEA the portion dropped to 39% from 44% in 2019, dipping below the combined share of apartment and industrial sales activity — another milestone.