Global Real Estate Investment Volumes Plummet 28 Percent in 2020

Global Real Estate Investment Volumes Plummet 28 Percent in 2020

Global investment volumes were buoyed by strong performance during the fourth quarter, which totalled $267 billion, up 65% from Q3 2020. Global real estate investment volumes declined by 28% year-on-year from a record amount of capital markets activity in 2019, according to real estate expert JLL. In Europe, Middle East and Africa, investment volumes reached $282 billion, marking a 17% decrease year-on-year, stated JLL in its recently published Global Real Estate Perspective. The full-year transaction volumes totalled $762 billion in 2020. Global investment volumes were buoyed by strong performance during the fourth quarter, which totalled $267 billion, up 65% from Q3 2020. According to JLL, the fourth quarter global investment activity continued the trend of decelerating quarterly declines throughout 2020 -21% year-on-year in Q4 compared to -41% in Q3 2020 and -50% in Q2 2020. Established markets with sector diversity, transparency and scale fuelled the fourth-quarter rebound. France, Germany and the US totalled an aggregate of $150 billion, representing an increase of 81% on Q3 2020, during the final quarter, it added. Gateway markets in Europe and Asia Pacific saw interest pick up in the quarter, where investor demand is improving for centrally-located, larger-ticket assets - particularly core offices. "As