| Let's take you outside of your Boston bubble. Bisnow's NYC reporter Amanda Marsh tells us that Global CRE transactions nearly doubled in the first half of '10, compared to the same period a year ago, according to new JLL research. Global investment totaled $132B for H1'10 compared to $76B in H1'09, thanks to a pick-up in confidence, a return to globalization of real estate investments, and a search for value. Europe (pictured: London) had the highest volumes of cross-border activity (54%) with the UK most popular ($7B), while The Americas recorded the highest proportion of inter-regional investment (35%). Looking ahead, international capital group head Arthur de Haast says that mixed-economic news plus longer transaction processes may mean that investment volumes don't continue to grow at levels seen in the first half, but full-year volumes will be between $275B to $300B, well above '09?s $209B. |
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