X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Global transaction volume was down around 28% over the year, cutting across most property types and markets, particularly in EMEA and Asia Pacific. However, the US and Hong Kong posted strong gains. Cross-border investment also increased. In terms of top markets, London, Tokyo, New York, Hong Kong and Paris ranked among the top five.

Debt financing is expected to be more constrained, particularly in Europe, as banks continue to pick their spots carefully. Lenders are pulling back as pressure mounts from maturing real estate loans and banks are forced to hold more capital against those loans. Given the amount of troubled loans, some of the biggest sellers in 2012 could be the banks.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.