By Simon Mallinson 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.
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.