Global real estate investment plunges amid covid pandemic
Global real estate investment fell by 33 percent in the first half as the coronavirus pandemic battered economies and disrupted deals.
By Todd Gillespie / Bllomberg
The Asia-Pacific region took the biggest hit, with volumes down 45 percent from the year-earlier period, because it was the first struck by the outbreak, according to a report from broker Savills Plc. Investment dropped by 36 percent in the Americas and 19 percent in Europe, the Middle East and Africa.
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