By Real Capital Analytics on August 19th, 2020
Cross-border buyers of U.S. commercial real estate retreated in the second quarter of 2020, in line with the overall slowdown in investment activity related to the Covid-19 crisis. Overseas investors represented 8% of the U.S. market in the second quarter, little changed from the end of 2019, the latest edition of the US Cross-Border Investment Compendium shows.
Canadian investors remained the largest source of cross-border capital for the first half of the year, though their share of the market slipped to below 40%. Investors from Europe were the second largest regional source of capital and were behind 26% of all purchases.