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Analysis

Global Investors Back Away From Office

Buyers are concerned about both the future performance and current pricing of offices.

By Les Shaver | March 04, 2021 at 07:21 AM

While top global investors remained active in 2020, they backed off of one key asset class: offices. 

The top 100 global investors purchased less in 2020 than they did in 2019, adding $65.4 billion of commercial real estate assets to their portfolios last year, according to Real Capital Analytics. That was a 22% decline from the $83.7 billion they purchased in 2019. Overall these investors added around one-fifth less commercial real estate to their portfolios in 2020. But in some sectors, the change in net additions was more pronounced.

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