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How Did Germany, Japan, and South Korea Escape the Global CRE Fall?

These countries were able to make the most of real estate transparency, government stimulus, and domestic capital.

Between lockdowns and travel restrictions, the COVID-19 pandemic contributed to the precipitous fall of global commercial real estate investments in the first half of 2020. The final tally was US$321 billion in the first six months of the year, a 29 percent drop. But there were outliers: Deal volume in Japan increased seven percent to US$24 billion, and Germany saw only a 1 percent decrease. Additionally, South Korea outperformed its long-term, first-half average in spite of a 15 percent decline. How did they do it?

According to a new report from JLL, these countries were able to make the most of real estate transparency, government stimulus, and domestic capital.

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Richard Binder

Richard Binder

Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.

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