Serious Funds Analytics: Overseas traders have shifted aim a little bit from key metropolitan areas, but the $70.8B invested in 2021 is the highest whole due to the fact 2018’s $94.6B.

NEW YORK – As COVID-19 vacation restrictions began to carry previous yr, international traders flocked back to U.S. commercial genuine estate. Foreign investments exceeded pre-pandemic degrees in 2021, in accordance to a new report from Actual Money Analytics.

Foreign investors ordered $70.8 billion of U.S. industrial actual estate in 2021 – surpassing 2019 and the best whole since 2018’s $94.6 billion.

The international locations most represented in intercontinental U.S. industrial investments in 2021 were Canada, Singapore, South Korea and the United Kingdom, in accordance to the report.

Having said that, 2021 traders did shift their emphasis away from classic investments like place of work buildings and hotels in important cities these types of as New York, San Francisco and Chicago. As a substitute, they were drawn to developing sectors like warehouses, rental apartments and specialized place of work buildings for pharmaceutical organizations, The Wall Road Journal studies.

Buyers also improved their goal markets, homing in on the Sunbelt and more compact marketplaces more than coastal cities last year.

“It is a various earth,” states Riaz Cassum, world head of international funds protection for JLL, a commercial property company. “You’re beginning to see major institutional investors hunting at Dallas, Charlotte, Denver, Nashville, Austin and other higher-growth, very low-tax marketplaces.”

Source: “Foreign Expense in U.S. Industrial Assets Exceeds Pre-Pandemic,” The Wall Street Journal (Feb. 8, 2022) [Log-in required.]

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