International

Data and analytics firm GlobalData also has forecast a 6.6% fall in construction output for North America this year, which is equivalent to a drop of $122.4 billion in projects.

JLL report says that the Asis-Pacific region among eight in the world showed the largest decline in investment during the first quarter, compared to last year, in correction with the spread of the coronavirus.

South Korea shows that there is a light at the end of the tunnel and it is just a matter of when we get there, says NAI Global's Cliff Moskowitz.

"Both the number of funds raising as well as the aggregate amount of capital targeted have increased consistently over the past few years," Preqin says in its report.

The fund is focusing on investments in the grocery store real estate.

APG, Canada Pension Plan Investment Board and ESR Cayman say they hope over time it will double its investment by delivering as much as $2 billion in new development projects.

At Harrison Street, Bashir will lead the expansion of the firm's strategies which focus on investments in student housing, build-to-rent and healthcare real estate.

LCLV will invest across tier I and tier II cities located in China's key logistics regions, including the Yangtze River Delta (Greater Shanghai), Bohai Bay (Greater Beijing) and Greater Bay (South China).