May 19, 2022

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Anything but ordinary

U.S. Foreign Investments Beat Pre-Pandemic Levels

Serious Cash Analytics: International buyers have shifted concentration a bit from significant metropolitan areas, but the $70.8B invested in 2021 is the best whole considering that 2018’s $94.6B.

NEW YORK – As COVID-19 travel limits started to lift past calendar year, international traders flocked back to U.S. industrial authentic estate. Foreign investments exceeded pre-pandemic levels in 2021, according to a new report from Serious Funds Analytics.

International buyers procured $70.8 billion of U.S. professional real estate in 2021 – surpassing 2019 and the greatest overall considering that 2018’s $94.6 billion.

The international locations most represented in international U.S. industrial investments in 2021 had been Canada, Singapore, South Korea and the United Kingdom, according to the report.

On the other hand, 2021 buyers did shift their aim away from regular investments like place of work properties and accommodations in significant cities this kind of as New York, San Francisco and Chicago. Rather, they were being drawn to rising sectors like warehouses, rental apartments and specialized place of work buildings for pharmaceutical firms, The Wall Avenue Journal reports.

Buyers also transformed their target marketplaces, homing in on the Sunbelt and scaled-down marketplaces more than coastal metropolitan areas past 12 months.

“It is a various environment,” states Riaz Cassum, world head of intercontinental cash coverage for JLL, a professional residence business. “You’re beginning to see massive institutional investors wanting at Dallas, Charlotte, Denver, Nashville, Austin and other high-progress, small-tax marketplaces.”

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

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