AFIRE, the Association of Foreign Investors in Real Estate, just released its 2021 survey. The results show that 60% of responding investors expect to increase their investment volume this year.
The online survey was of 101 respondents from 19 different countries over a three-week period in March. The percentage of investors expecting to put more money into US CRE was much larger than for Europe (17%), Asia-Pacific (9%), the U.K. (7%), Canada (5%), or Australia and New Zealand (3%).
Nearly three-quarters of respondents forecasted an increase in US investment allocation within three to five years. For non-US-based investors, the number was 71%, while for US-based investors it was 79%.
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