Property deals crashed 45% to $6.13b in H1 2020

Uploaded By:  Clarist Zablan Submitted By:  Clarist Zablan Case Study:  No Despite the surge in big commercial deals, the lack of hospitality deals dragged overall volume. Property investment volume slumped 45% YoY to $6.13b in the first half of 2020, according to data from Cushman & Wakefield. In Q2, deal volume held steady at $3.06b boosted by big ticket commercial deals. Commercial volume surged more than tenfold to $2.02b, from $183.4m in Q1, leading to the sector accounting for 66% of Q2’s total volume. The largest deal of the quarter was Chinese e-commerce giant Alibaba Group buying a 50% stake in AXA Tower for $1.68b. read more