Search
 

Global Flows Hit Record $290B

LONDON-World-wide demand for commercial property has seen a record amount of capital invested in the first half of the year.

By Anita Howarth | Updated on October 16, 2006

LONDON-Global flows of capital into commercial property soared 30% to a record $290 billion, says a new report by Jones Lang LaSalle. The massive demand from private investors, institutions and companies is expected to push the total investment in property to $600 billion by the end of the year. Cross-border investment has risen from 34% to 44% of deals as buyers become more adventurous.

Commercial property prices have risen in most developed countries since the dramatic fall in equities six years ago and show little sign of slowing. Demand and a shortage of supply have forced yields down to new lows, particularly in Paris, London and Madrid where some deals have reflected yields of less than 4.5%.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.