Global property investment reached new heights in 2018, with investment volumes growing by up to 4 per cent according to Global Investment Atlas, a report by Cushman & Wakefield property group.
Transaction volumes grew by 3.7 per cent making it the second highest growth recorded since the global financial crisis even as transaction volumes passed 2017 figures by 3.9 per cent.
The report however says that conditions softened as the year progressed with Q4 having beat down to 11% drop in volumes compared to 2017.
The report further projects an extension of the cycle in 2019 with an anticipated increase in activity as investors seek a wider range of opportunities from diverse markets.
On a global scale, the office sector is primed to outperform other property sectors over the next 1-2 years as a result of robust demand and low supply although it is also described as the most cyclical and volatile.
Middle East and Africa contributed a little over US$10 billion dollars to international capital, the second lowest after Latin America. South Africa merged as the largest contributor of capital to global markets from the region, getting featured in the top 40 sources. Middle East and Africa regions also received the lowest capital inflows globally.
According to the report, investors still view Africa and UAE real estate markets as opportunistic.
You can find the report here…