Global property deal volumes forecast to top US$1t by 2020
The ageing global population should drive real estate transaction volumes to surpass US$1 trillion worldwide by 2020, up from US$700 billion in 2015, according to a report from JLL. Institutions also are set to increase their market share, which currently sits at 20 percent, driven by the need to cater to the investment requirements of the ageing population.
Of major influence on this trend will be cross-border investors, with international activity expected to exceed 50 percent of all investment activity by 2020, to more than US$500 billion annually, with the biggest increase coming from capital moving between regions.
“By 2050, there will be more people over the age of 55 than the entire population of the world in 1950,” said David Green-Morgan, global capital markets research director with JLL, in a statement. “This demographic impact will have a profound effect on real estate investment strategies, with the amount of private equity capital targeting direct re