Global commercial real estate investment volume grew by 95 percent year-over-year in third quarter to $315 billion, bringing the year-to-date total to $800 billion — up 3 percent from the same period in 2019, according to CBRE.
With nearly half of the world’s population vaccinated and COVID-19 delta-variant infections subsiding, global GDP is on track to reach pre-COVID-19 levels by year’s end. With ample liquidity and global-bond yields low despite higher inflation, investors eagerly deployed capital to commercial real estate in third quarter, putting 2021 on pace for record annual investment volume.
Global investment volume grew by 95 percent year-over-year in third quarter to $315 billion. All three global regions — Americas, EMEA and Asia-Pacific — reported strong investment activity that was on par with 2019 levels. On a year-to-date basis, global volume exceeded that of 2020 by 44 percent.
Investor interest in the multifamily sector, especially i