By Real Capital Analytics on November 7th, 2019
Global acquisitions of commercial property dipped in the third quarter of 2019, with Europe and Asia Pacific leading the decline, the latest edition of Global Capital Trends shows. Activity in the U.S., which represents about one half of the global market for income-producing real estate, also weakened.
For the first nine months of the year, global trading of commercial property excluding land fell 7% from 2018. Among the world’s major country markets there were only a handful that posted an increase on 2018 levels, notably France and Singapore which have both benefited from cross-border investor interest. The U.K., Hong Kong and Canada all registered year-over-year declines greater than 30%.
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