CBRE Sees Investment Deal Flow Approaching 2019 Levels

Article originally posted on HERE on August 13, 2021

U.S. investor inquiries and newly launched deals have recovered to near-2019 levels, says CBRE. In recent weeks, the number of deals tracked by CBRE Deal Flow has almost matched 2019’s record total, while inquiries have rebounded to 2019 levels since late May.

“The U.S. Investment real estate market had a robust second quarter,” said Richard Barkham, CBRE’s global chief economist. “Market confidence was high, with investor inquiries and newly launched deals recovering to near 2019-levels.

“Going forward, while the delta variant and inflation concerns are seen as potential headwinds, we are yet to see this materialize in the investment market,” he continued. “Investors continue to be active and capital remains abundant for Investment real estate.”

CBRE expects an even stronger rebound of investment activity in 2021’s second half, despite the COVID-19 resurgence due to variants. Assuming no material return to large-scale lockdown, Q4 capital flows likely will surpass 2019.