Investment 2Q-2023
Key Takeaways
First half of 2023 CRE investment sales volume declined by 35.9% compared to the first half of 2022 levels
Only one megadeal recorded in first half of 2023
Investment activity during the first six months of the year exhibited notable absence of international investment activity
Local investors secured largest market share of transaction activity in 2023
Trajectory of investment market will be influenced by Federal Reserve Board’s interest rate policy