Global Commercial Property Investment Flattens in 2019
According to new report from CBRE, global commercial real estate investment volume, including entity-level deals, rose by 7% quarter-over-quarter but fell by 2% year-over-year in Q3 2019. Year-to-date volume was down by 5% from the same period last year. On a regional level, APAC reported an impressive 49% year-over-year increase in Q3 that offset the sluggishness in H1 and lifted year-to-date growth to 6%. The Americas and EMEA recorded a relatively soft third quarter due to political uncertainty, low yields and some recession fears.