Global real estate investment to take 30%-hit, says report

After a record year in 2007 for direct real estate investment globally, with volumes up 8% year-on-year to $759 billion, the investment outlook for 2008 expected to be down over 30% on 2007. The Americas and European investment Markets will certainly see a material decline in full year volumes and, although Asia may be more resilient, volumes will not achieve the heights of 2007, said Jones Lang LaSalle in its latest ‘Global Real Estate Capital’ report.

Global real estate investment to take 30%-hit, says report