Real estate capital flows between Asia-Pacific (APAC), North America and Europe increased by 18% year-over-year to US$56.6 billion in H1 2022—the highest first-half total since 2018. Other key findings include:
• The office sector attracted almost half of the global outbound capital across the three major regions, followed by industrial & logistics and multifamily.
• Inflows to North America and APAC were subdued, largely due to significant reductions in capital outflows from Europe. European capital to North America fell by 34% and to APAC by 79% from the 2017-to-2021 H1 average.
• European cross-regional capital inflows increased by 31% year-over-year to US$42 billion in H1. U.S. investors were particularly active in acquiring prime logistics and office assets across established European markets.
• London attracted the most of any global city with US$9.8 billion, largely from Asian investors targeting prime office assets.
Learn more about capital inflows and outflows by region, country, top markets and property sectors in our latest report.