By Simon Mallinson on January 2nd, 2019
There was no shortage of action in global commercial real estate in 2018 and the expert authors at Real Capital Analytics provided key commentaries on what was happening – and why.
The following articles were among the most popular of the past year.
Watch out for new posts coming soon on the top global investors and the shifting tides of Asian cross-border capital.
In December RCA shone a light on “opportunity zones” in the U.S. The report showed that these areas are not quite the downtrodden swathes that they are perceived to be. The one clear trend that was discernible since the government’s plan was announced: a leap in development site sales in the zones.
All eyes were on the Federal Reserve in 2018 and any evidence that increases in interest rates were moving cap rates. Investors got nervy, but yields? Hardly budged.
In April Tom Leahy wrote about the latest results of RCA’s Capital Liquidity Scores.
For a couple of years commercial real estate prices in U.S. metros followed the same path: upwards, and quickly. This post in October showed how the trends in prices, as measured by the RCA CPPI, are now diverging.
By the end of 2018 deal volume in Asia Pacific was starting to sag, but at the start of the year activity was rosy thanks in large part to surging deal volume in Hong Kong.