Commercial property consultant CBRE is reporting this week U.S. inbound capital fell 6% from the previous year to $11.6 billion in the first half of 2021 — the weakest first-half showing since 2013.
In contrast, strong investor appetite for international industrial assets fueled an 11% increase in U.S. outbound capital, which totaled $23.1 billion in H1 2021. CBRE’s research further reports the following key trends in 2021:
U.S. Inbound Investment Trends
- U.S. industrial, which has been the most resilient sector during the pandemic in terms of real estate fundamentals, attracted 21% less foreign capital in H1 2021 than a year ago, given high prices and intense demand from domestic investors. Office had the smallest year-over-year investment decrease (-5%), signaling that the sector may be stabilizing.
- Investors from Canada, Singapore and China deployed more capital in the U.S. in…