Global real estate investments slowed in the first half of the year, according to a new report by JLL Global Capital Markets.
Investment volume decreased by 9 percent compared to last year, at a volume of $341 billion. The dip was widely expected, however, as 2018 marked the highest investment volumes since 2007.
JLL says a slowdown in global economic growth, political upheaval, and a changing retail landscape were partially responsible for the downturn.
“As we look ahead to the second half of the year, we expect investment to decline by approximately 5 to 10 percent, to around $730 billion for the full year, as investors continue to respond to the overall global environment,” said Pranav Sethuraman, a member of JLL’s Global Capital Markets Research team.
The report also contends that while global investment volume was down, investment activity varied greatly depending on region.
In addition, the demand for commercial real estate stayed stabl
