Cross border investment in US properties has skyrocketed against the backdrop of record-high sales of commercial real estate globally.
Overseas investors focused primarily on the apartment and industrial sectors in 2021 and total cross-border deal volume hit nearly $71 billion, nearly double 2020 levels, according to Real Capital Analytics. Cross-border deals accounted for 8.5% of total US property acquisitions and are officially back to pre-pandemic levels.
Globally, sales of commercial real estate hit $1.3 trillion last year, with the US, Asia Pacific and Europe all posting record trading volume.
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