Sales of commercial property in the Asia Pacific region fell by 38% in the third quarter of the year as the global health crisis put a dampener on cross-border dealmaking.
Total European real estate deal volume in the third quarter of 2020 fell 43% compared with the same quarter of 2019, as the slump caused by the Covid-19 pandemic deepened.
Before the pandemic emptied the city, few lenders benefited from the heady local real estate market as much as regional players New York Community Bancorp Inc. and Signature Bank.
All commercial real estate markets have been affected to some degree by covid-19, but Germany has held up much better than most. Investment deal count has fallen, but to a lesser extent than the European...
Urban office markets and other commercial real estate in major cities are experiencing their worst stretch in decades, upended by the pandemic, changes in work behavior and struggling city economies.
The volume of European commercial real estate investment transactions plunged to the lowest three-month level since 2014 in the second quarter of this year.
Bloomberg reports: The U.S. commercial real estate market is showing ever greater signs of stress, but there are still few deals to be had.
The world’s biggest real estate investors are sitting on piles of cash, preparing for once-in-a-lifetime opportunities created by the pandemic.
Real estate investment volume in Europe during the first quarter totalled €64.2 billion, up 7% compared with the year-earlier period.