Global cross regional capital flows drop 52% in first half of 2023

Global cross-regional capital flows between North America, Europe and Asia Pacific totaled $30.5 billion in first half 2023, down 52 percent compared to first half 2022, reported CBRE.

Cross-regional capital flow to Europe from the United States fell substantially in first half 2023, causing Europe’s total global cross-regional capital inflow to fall by 68 percent from first half 2022.

Cross-regional investment in North America increased by 5 percent year-over-year, primarily driven by two large acquisitions by Asian investors.

Industrial and logistics were the most sought-after assets globally due to their strong supply/demand dynamics. They accounted for 37 percent of all global cross-regional investment in first half 2023, the highest half-year share of any asset type on record.

CBRE expects cross-regional investment volumes to remain subdued for the rest of 2023 before recovering in 2024.

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