By Roland Murphy for Arizona Builder’s Exchange
Autumn is rolling across North America, and capital is continuing to roll into commercial real estate locally, regionally and globally. However, investors are looking outside their traditional comfort and target zones due to limited supply in many areas and compressing cap rates.
In its “Fall 2018 North America and Europe Commercial Real Estate Investment Review,” released this week, Avison Young covered CRE investment trends in 59 markets in the U.S., Canada and Western Europe.
Capital continues to flow into global commercial real estate markets, inhibited only by the scarcity of available product for sale. Yields on commercial real estate are still attractive when compared with alternative investments; however, limited supply and cap-rate compression are leading some investors to seek opportunities outside their traditional parameters.
