By Simon Mallinson on February 9th, 2017
Global commercial real estate investments fell 4% YOY in 2016, following record-breaking levels of activity in 2015, the new edition of Global Capital Trends shows. Development site activity grew 22% YOY while income-producing assets dropped 15% YOY. Despite the fall, it was the third strongest year for total volume since the Global Financial Crisis.
Activity in some markets was hindered and 2016 became a year of firsts. Germany overtook the U.K. as the #1 transactions market in Europe, New York claimed London’s crown as the top destination for cross-border capital, and China became the largest market in Asia Pacific for income-producing assets.
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