Investors continue to diversify portfolios in first half of 2017, pursue prime assets in key markets
Sellers of commercial real estate assets continue to attract a diverse group of eager buyers deploying an abundant supply of capital across asset classes and geographical boundaries, according to Avison Young’s Fall 2017 North America and Europe Commercial Real Estate Investment Review. In some markets, scarcity of product has resulted in peak pricing, leading some investors to look further afield in a world of shrinking returns — and to take on more risk.
“The commercial real estate sector remains awash in capital; and despite varying global economic, political and property market conditions, including the ongoing interest-rate scenario, there is no better place to put your money than in hard assets,” said Mark Rose, chair and CEO of Avison Young.
The report covers commercial real estate investment conditions in 54 markets in five countries on two continents.
“Our review of commercial real estate investment activity across diverse ma