Colliers: The investment market increased by 37% last year, but may see a dip in 2021 as some uncertainties remain on the horizon
Mihai Cristea 05/03/2021 | 15:16
The “year of the pandemic” turned out to be one of the peaks of the current economic cycle in terms of investments in commercial real estate assets, with a growth of 37% over 2019, to almost 900 million euro. 2021 may see a dip, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report released by Colliers. For this year, Colliers consultants foresee a total volume for commercial real estate transactions in excess of 0.5 million euro and also see room for a slight decrease in yields by the end of the year for prime office and prime industrial, if the economy, political and monetary system will be satisfactory.
The âyear of the pandemic” turned out to be one of the peaks of the current economic cycle in terms of investments in commercial real estate assets, with a growth of 37 percent over 2019, to almost 900 million euro. 2021 may see a dip, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report released by Colliers.
For this year, Colliers consultants foresee a total volume for commercial real estate transactions in excess of 0.5 million euro and also see room for a slight decrease in yields by the end of the year for prime office and prime industrial, if the economy, political and monetary system will be satisfactory.