Global real estate investment volume hits $148b in Q1
Global direct commercial real estate investment transaction volumes have reached $148 billion during the first quarter of 2015, up 4 percent compared with the first quarter 2014, according to preliminary figures from JLL.
JLL expects total commercial real estate volumes for 2015 to be between $740 billion and $760 billion, up 4 percent compared with 2014 volumes.
The Americas are leading the rise in investment activity, with volumes up 18 percent compared with the same period last year.
European volumes reached $51 billion, as most of the countries across the continent experienced volume growth. Central and Eastern Europe countries were the outliers, down 20 percent in euro terms. While the United Kingdom led growth in the first quarter, pivotal elections on the horizon in the second quarter could have an impact on growth if an uncertain government is formed.
Real estate investment volumes in Asia Pacific were 3 percen