National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
RCA Reports Canada, Singapore Lead Cross-Border Activity, China Deal Flow Wanes
Investors from Canada and Singapore increased the pace of commercial real estate acquisitions in the U.S., though Chinese investor activity waned, according to Real Capital Analytics’ (RCA) latest US Cross-Border Investment Compendium. The report reveals a more than 200% deal volume increase by Singaporean buyers in the first nine months of 2017, compared with a year earlier. That activity pushed them into the No. 2 position behind Canada.
RCA’s Jim Costello notes new Chinese capital regulations have resulted in a dip of 55% year-to-date in U.S. investment, compared to a year earlier. That dropped China to the No. 3 spot. In 2016, Chinese players were the largest investor group in the U.S.
Overall, cross-border capital fell to an 11% share of total U.S. market activity in Q3 2017. A surprising trend was overseas investors increased suburban office market pursuits, with deal activity rising 4% in the 12 months through the third quarter.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
