South Korea purchases of U.S. commercial real estate are on fire. From The Real Deal, a blog: “Foreign investment in U.S. real estate declined in 2020, but South Koreans didn’t get the memo. Capital flows from South Korea rose 88% year-over-year to $5.2 billion, making it the 2nd-largest source of cross-border commercial real estate investment after Canada. Investment volume from Canadian investors declined by 10% to $12.4 billion in 2020, & investment from all other foreign countries fell by 38%, according to Real Capital Analytics.

The top foreign company by U.S. acquisition volume was Canada-based Brookfield Asset Management, which was involved in about $3.6 billion worth of deals for 48 properties. The 2nd biggest was South Korea’s National Pension Service, whose investments totaled about $2.4 billion. This included a 14.3 million-square-foot industrial portfolio the pension fund acquired with Stockbridge Capital Group & a stake in SL Green’s $2.3 billion One Madison office development in Manhattan.”

Pensions globally are starved for yield, and commercial real estate remains attractive to many. The best way to win in this space is the better use of credentialed data to distinguish one property from all the rest. Inveniam has built the operating system to make this work.

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