Investment activity remains subdued and real estate capital-value movements varied

Despite the widespread rise in virus cases, a vaccine on the horizon could present an exit route, and points to brighter prospects for 2021. Investment activity remains subdued and real estate capital-value movements have varied by sector, showing small falls at the all-property level in the third quarter, according to UBS-AM Real Estate & Private Markets’ Real Estate Outlook – Edition 4, 2020. So far, there is limited distress in the market, but the firm’s research team expects some investment opportunities to be generated.

In addition to providing a global macroeconomic overview, the paper also gives a deeper analysis of various regional real estate markets, including in the United States, where real estate continues to adapt and economic recovery begins even as the pandemic intensifies.

Transaction volumes are beginning to improve from the mid-year stall, even as investors await clarity on comparative lease rates and required risk premiums. As s