RCA Insights: Global Activity Tracker, Deal Count Fades 15 May 2020
The volume of completed commercial real estate transactions shows activity slowing across all regions, the latest Real Capital Analytics data reading indicates. Looking at the count of closed deals the picture is even gloomier, as the Covid-19 crisis takes its toll on commercial property markets worldwide. Based on the dollar volume of transactions, activity in the Americas has dropped 7% in the first 125 days of the year versus the same period in 2019, and in Europe, Middle East, Africa (EMEA) volume has fallen 14% from a year ago. A string of large M&A-type deals and portfolio transactions in the U.S. and Europe had put a gloss on headline activity figures in those markets in the first quarter.
Download the Report