Overseas Investors Turn Net Sellers of US Real Estate in H1
August 28, 2019 | Jim Costello | Real Capital Analytics
Cross-border investors turned net sellers of U.S. commercial real estate in the first half of this year for the first time since 2012, the latest edition of the US Cross-Border Investment Compendium shows. Investors made direct acquisitions totaling $21.3 billion in H1 2019 and sold a hair more at $21.4 billion.
For the second quarter, cross-border direct acquisition volume dropped 37% from a year ago. The pullback was not a function of capital from one region halting purchases: buyers from each major region of the world were active. Most, however, simply purchased less than last year.
