RCA Says, Q3 Global CRE Investment Dipped
Global transactions of income-producing assets slowed for a seventh consecutive quarter in Q3 2017, according to the latest research by Real Capital Analytics (RCA). A report titled “Global Capital Trends,” showed a mixed picture across the regions.
RCA’s Simon Mallinson notes while Asia Pacific transaction volume ticked down and volume in the Americas continued to slip, quarterly activity in Europe grew for the first time since 2015.
Total global activity involving income-producing properties declined 6% year-over-year in the third quarter. Development site sales, which were predominantly concentrated in China, rose 39% year-over-year, and the value of those deals approached that of income assets globally.
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