The investment market was buoyant last year as a growing volume of equity and debt flowed across borders seeking opportunities to diversify. Nervousness over emerging markets did maintain a focus on the core, but a shortage of opportunities and demand for yield still pushed investors into new markets and led to a spreading of the recovery. Overall global trading activity fell back in 2014 due to a weakening in land sales – but, with land excluded, volumes rose by 9%.
The market will see more buoyancy and growth courtesy of global liquidity and a firming in occupational markets. Property investment volumes will remain strong, and yields will continue to fall as bond benchmarks remain low. At the same time, however, there will also be more volatility and diversity. Investors will stay close to secure markets, and opportunities will remain hard to find. Further interest will therefore flow to a range of new targets.
Source : Cushman & Wakefield