04

As Markets Recover, Investors Cast a Wider Net

Stability and high liquidity, along with an improving business cycle, are key global occupier and investment market themes. A 14% rise in volumes is forecast for 2013, taking the global investment total back above $1 trillion for the first time since 2007. North America and parts of Asia are leading the way.

Cap rates continue to compress in many gateway markets and are stabilizing at or near pre-recession levels in the top few global cities. Meanwhile, investors are prudently moving up the risk-reward spectrum in search of yield, slowly stabilizing second-tier markets in recovering economies, though the weakest markets remain out-of-favor.

Lending and loan purchases also remain attractive options, along with recapitalization strategies.

EMEA
Forecast


EMEA is not out of the woods yet.



Improved stability will breed greater confidence.


Stock from banks, the public sector and corporate owners will create more opportunities.

EMEA
Forecast
ASIA PACIFIC
Forecast


Asian investment sales are almost half of global totals.


High liquidity will boost the Asian market this year, but increased diversity between regions and sectors will remain the story.


Investor demand will continue in core markets in Australia and Japan for risk-adverse foreign players.

ASIA PACIFIC
Forecast
AMERICAS
Forecast


North America's strong sale growth has been driving global totals.


Mexico may again outperform expectations, although Brazil will see more of the spotlight as event-driven infrastructure is developed.


Construction activity is rising in multifamily and in select office and industrial markets.

AMERICAS
Forecast
Case Studies