Mergers and acquisitions in the real estate sector are on the rise, as a mix of pent-up demand, renewed confidence, and a frustration in finding direct-investment opportunities at scale are spurring activity, reported JLL.

This activity comes amid a booming sales market in general, with one analyst from Avison Young predicting that it wouldn't be surprising if fourth quarter sales volume doubled that of the third quarter in part.

A string of deals in recent months is a sharp contrast to the lull experienced early in the COVID-19 pandemic when caution ruled among real estate investors.

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