Friday, October 20, 2006

Money flowing into global commercial property hit a record $290bn in H1 2006 - up 30% on 2005

"International real estate firm Jones Lang LaSalle’s new global real estate capital report, ‘Record Volumes, Record Globalisation’ released that was recently released, records global direct real estate investment of US$290 billion in the first half of 2006, up 30% on the same period in 2005. The Americas, Europe, and Asia Pacific have all seen unprecedented levels of transactions.

Regional Highlights:
  • Americas – Direct commercial real estate investment in the Americas was US$129 billion in the first half of 2006, up 27% on first half 2005.
  • Europe - Direct commercial real estate investment in Europe was US$117 billion in the first half of 2006, up 30% on the same period in 2005.
  • Asia - Direct commercial real estate investment in Asia Pacific was US$43 billion in the first half of 2006, up 40% on the same period in 2005. " read more

By Finfacts Team