Fourth quarter investment volume fell by 8.1 percent year-over-year to $152.7 billion, reported CBRE. Excluding volatile entity-level deals, volume was $150.7 billion — the highest quarterly total of single-asset and portfolio sales on record, reported CBRE.
Investment volume for full-year 2019 decreased by 1.8 percent to $542.4 billion due to an 86 percent decline in entity-level deals.
Portfolio and single-asset investment volumes increased year-over-year both in the fourth quarter and for the full year, led by a surge in industrial single-asset and portfolio volume.
Cross-border investment decreased by 54 percent in 2019, largely due to a decrease in entity-level and retail sales, as well as declines in capital from Canada and mainland China — two major sources in recent years. Excluding entity-level deals, cross-border investment decreased by a more moderate 12.1 percent.
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