• Global commercial real estate investment volume fell by 7% year-over-year in Q2 to US$276 billion (down 2% in local currency). An 8% increase in Americas region investment was offset by respective 21% and 29% declines in EMEA and APAC volumes. A strong U.S. dollar contributed to the lower investment volumes outside the Americas.
• Rising debt costs, economic uncertainty and the war in Ukraine weighed on investment activity.
• Among the major commercial real estate sectors, multifamily and retail had year-over-year investment gains, while office and industrial had slight decreases.
• CBRE forecasts an 8% decrease in full-year 2022 global investment volume from 2021’s record level. Nevertheless, it will be about 25% above the average annual investment volume between 2015 and 2019.