Powered by MOMENTUM MEDIA
realestatebusiness logo
Home of the REB Top 100 Agents

Global real estate market shows resilience

By Staff Reporter
14 June 2011 | 9 minute read

Staff Reporter

The global real estate market continues to head down the path to recovery, with both values and sales activity increasing in the first quarter.

CB Richard Ellis’ Global Capital MarketView Report analyses global capital environments across Europe, Middle East and Africa, Asia Pacific and the Americas, including office capital value trends, development completions, debt financing availability, global investment volumes, cross-border capital flows, and yield spreads.

==
==

The CBRE Global Office Capital Value Index increased 12 per cent year over year in Q1 representing a strengthening of the positive trend evident for the past three quarters.

In the Americas, capital values increased by 9.5 per cent, while the Asia Pacific region experienced strong growth of 18.9 per cent.

Global investment activity also continued to improve during Q1 2011, with investment volumes increasing by 22.9 per cent year over year.

The Americas experienced the most substantial increase of 77.2 per cent year over year.

Asia Pacific weathered devastating natural disasters in both Japan and New Zealand during Q1 2011 that hindered short-term quarterly investment volumes for the region as a whole, but still managed to achieve 5.5 per cent growth.

Do you have an industry update?
Subscribe
Subscribe to REB logo Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.