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Sign in Sign up for a FREE subscriptionReal estate investments slowed in first half of 2019, but demand remains stable
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