News
Global Real Estate Investments Down 10% First Half Of 2016
August 17, 2016
Global real estate investment totaled $292B the first half of the year, a 10% drop compared to the prior year. And that could slow even more (JLL is projecting a 15% decrease from the previous year) as investors are being more cautious following the Brexit referendum.
The UK’s surprise decision to leave the EU has sparked much discussion among economists about its effects on the commercial real estate industry, and JLL’s global research team reports the British exit has caused increased uncertainty in the top real estate markets.
