US Investor Stock, Capital Flows Hit New Highs

WASHINGTON, DC—With capital flows shifting decidedly toward North America, and the US in particular, the value of commercial real estate stock held by investors hit a new high of $13.6 trillion in 2014, DTZ says in its annual “Money Into Property” report. North American stock climbed 5% over 2013 and is now 2% above its 2007 peak, and at $4.2 trillion it is gaining on Europe, which saw flat growth last year. Also expected to surpass the ’07 peak is CRE investment in North America in 2015: $390 billion, compared to $373 billion at the height of the previous cycle.

“Foreign investment in the US property markets is soaring,” says Kevin Thorpe, DTZ’s chief economist, in a release accompanying the report. “International capital is now involved in nearly 20% of total sales volume in the US, more than double the norm.’