As 2024 nears its end, Tal Peri is looking forward to the start of the New Year. The Head of US East Coast & Latin America at Union Investment Real Estate anticipates that the fund will be making more investments in US commercial real estate in 2025 after a period of relative quiet. "We will be refocusing on acquisitions between the first and second quarter of next year," Peri tells GlobeSt.com.
Peri is not alone. His plans appear to be a harbinger of a broader trend in which foreign investors, after years of cautious engagement, are gearing up to make a significant comeback in the US CRE. This resurgence comes on the heels of a challenging period that saw foreign investment dip to historic lows. "Typically, about 10 to 15% of total acquisitions come from foreign investors, but lately we've seen shares as low as 5%," explains Gunnar Branson, CEO of AFIRE, an association for international real estate investors. "It has not been a good year,” he told GlobeSt.com.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
