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Political changes and economic uncertainty aren’t going to derail commercial real estate investment this year; instead, investment activity is expected to rebound.
That’s according to the latest analysis from JLL, which projects global investment volumes will rise to $700B in 2017, up $50B from last year’s levels, Yahoo Finance reports. Large institutional allocations into commercial real estate support the prediction, with many firms focusing on real estate as they hunt for higher-yield investments.
The report also highlighted the importance of new capital being unlocked around the world, specifically in China, Taiwan and Malaysia, which is expected to boost overall investment activity. [YF]
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