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Majority of real estate investors in the Americas to increase acquisitions in 2016

Majority of investors in the Americas to increase acquisitions in 2016

April 2016

The majority of real estate investors in the Americas intend to increase their property acquisitions in 2016, with Los Angeles as the top target market ahead of New York City and Dallas/Ft. Worth, according to the CBRE Americas Investor Intentions Survey 2016.

The 2016 survey results reveal that investment sentiment regarding commercial real estate purchasing activity remains positive, even in a more uncertain economic and capital markets environment. The survey reveals 65% of investors intend to be net buyers – ​​up from 60% in 2015 – with the vast majority (81%) intending to maintain or increase their purchasing activity in 2016.

Los Angeles ranked as the top metro for property investment this year, edging out New York City in second position. All other U.S. gateway markets ranked high among investors.

“We expect investment in U.S. real estate will increase in the year ahead, driven by the relative strength and stability of the U.S. economy and good property fundamentals,” said Brian McAuliffe, President, Institutional Properties, Capital Markets, CBRE.

“Multifamily, office and industrial will continue to be the products of preference; however we anticipate more capital will pivot in the year ahead towards retail than compared to 2015. Core and top-tier value-add will be best positioned to maintain high pricing and low yields, while second-tier assets and markets will feel some downward pricing pressure.”

 

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