RCA Insights

2017 Global CRE at Second Highest Level in a Decade, RCA Report Shows

By on February 8th, 2018

Global acquisitions of income-producing commercial real estate touched the second highest level in a decade in 2017, the latest edition of Global Capital Trends shows. Increased activity in the EMEA and Asia Pacific regions nudged worldwide volume past the 2016 total.

In Europe, the five largest country markets all grew in 2017. London was again the top market globally for cross-border capital, and Madrid and Helsinki leapfrogged up the list. Of the top ten metros for cross-border capital, seven were in Europe.

1802 GCT overview MAIN-01

Activity in the Americas slipped in 2017, held back by weaker transaction volume in the U.S. The level of deals in New York fell by a third from a year earlier. In Asia Pacific, Hong Kong broke investment records and became the region’s number one metro for income-producing commercial real estate. The largest country market was China, with Japan in second place.

If you are a current RCA subscriber, log into your account to download the 2017 Year in Review edition of Global Capital Trends.

 

Simon Mallinson

Executive Managing Director, EMEA & APAC
smallinson@rcanalytics.com

Based in London, Simon Mallinson joined Real Capital Analytics in January 2013. Simon has board level responsibility for EMEA and APAC, with a particular passion for the continued development of RCA’s industry-leading client service and capital markets analytics.

Previously, Simon was Senior Director leading European Research at Invesco Real Estate. Prior to Invesco, Simon held a number of roles with IPD (now part of MSCI) in London and the United States. As Head of US Services, based in Chicago, he established IPD’s first North American office.

Simon is a Board Member of US association NCREIF, a member of RICS and is active across a number of other global real estate associations. He holds degrees from both Leeds and Manchester University, UK. Simon has set foot in 48 U.S. states and is looking for an excuse to visit Maine and Alaska.