Real estate acquisitions could increase in 2015
A majority of investors and investment managers plan to increase their acquisitions of commercial real estate this year, according to a new survey of global real estate investors by CBRE. The firm’s Global Investor Intentions Survey 2015 found 53 percent of respondents plan to increase their real estate investments this year — down from 61 percent in 2014. CBRE surveyed approximately 700 organizations globally, including asset managers, property companies, institutional investors, REITs and banks.
The biggest obstacle to increasing purchasing activity is asset pricing, according to 50 percent of respondents, followed by availability of assets (21 percent) and competition from other investors (19 percent). Taken together, the results paint a picture of a real estate market experiencing strong demand.
“The appetite for global real estate investment is increasing as more investors intend to deploy capital outside of their own region this y