| Let's take you outside of your NY bubble. 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. |
Sign up for more articles like this
Subscribe to Bisnow's Nashville Newsletters
Related Stories
)
)
)
)
)
)
)
)
)
)
)
)