The data is starting to reflect the devastation caused by the Covid-19 crisis in the real estate sector around the world. In this way, during the first quarter of 2020, real estate investment in commercial assets registered its lowest figure for 12 years, with a global volume of USD 48 billion, 70% less than in the same period last year.
However, sources at the consulting firm Colliers International highlight that “there were positive signs” in some markets during the first quarter. In this vein, activity in the United States of America amounted to USD 113 billion, only slightly below the USD 116 billion transacted a year ago. Meanwhile, in the United Kingdom, there was a 9% increase in investment from USD 16.9 billion to USD 18.4 billion, significantly driven by chunky transactions such as the sale of iQ’s portfolio of student residences for USD 6 billion.
