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Investor Inquiries Now at 90% of Pre-Pandemic Levels

As a marker of the improving outlook for investment sales activity globally, CBRE reports that inquiry levels have risen domestically since the second quarter’s trough in activity. Volume of signed confidentiality agreements and transaction initiations reached 90% of pre-pandemic levels as of mid-October, according to a CBRE Viewpoint from a team led by Chris Ludeman, global president, capital markets.

This improvement has been driven by a variety of factors, including a gradual reopening of the economy and the federal government’s fiscal stimulus package. However, CBRE reported that inquiries have been uneven across property types, with multifamily leading the way, followed by industrial and alternative properties such as data centers, life science facilities and medical office buildings.

The improvement seen domestically is also occurring globally, with both inquiries and transactions rising, says CBRE. However, the firm reports, “a persistent upsurge in COVID-19 infection rates threatens to hamper the incipient recovery.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
  • ◦Sale/Acquisition
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