Nearly a trillion dollars worth of commercial real estate traded in 2012 | 13 March 2013
Trades in the commercial real estate market were very close to pushing one trillion dollars in 2012.
That’s according to the 2012 Global Capital Trend Year in Review, by Real Capital Analytics (RCA), which highlighted a ‘robustness’ in global transaction volumes – hitting over $870 billion – during 2012, reports property-magazine.eu.
Across North and South America, extremely strong US volumes made sure the sector remained healthy by year’s end, with Q4 growing 49 per cent year-on-year. Furthermore, strong Chinese land sales made sure Asia Pacific finished strongly.
Simon Mallinson, executive managing director EMEA, commented on the figures to prweb.com: “Q1 2012 started off weak with various global economic concerns playing on investor minds, but by year end we have seen the highest quarterly investment levels since 2007. The pending deal pipeline for early 2013 is also looking positive for the year ahead.”
Other statistics from the study show capital flows from the Middle East and Asia gaining further momentum in Europe, with investors up 43 per cent and 52 per cent respectively.
In addition, North American investors accounted for two thirds of all global investment into Europe.
Joseph Kelly, director of Analysis, commented on the figures: “Despite pricing levels in Paris and London returning close to their peak levels, these markets are still in favour with investors looking to secure long-term income in liquid markets.”
The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.
Qube Global Software wins Industry Supplier of the Year Award for 2nd consecutive year | 2 December 2016
Qube Global Software won Industry Supplier of the Year at the News on the Block Property Management Awards for the second year running.
We have partnered with the Facilities Show to host an exclusive webinar on the relationship between facility, property and estate managers and their service providers and contractors.
We are delighted to announce that Qube Global Software has been shortlisted in the Industry Supplier of the Year category at the Property Management Awards 2016, hosted by News on the Block.