Quarter of all global commercial real estate transactions involve private investors

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Moneycontrol News

As much as 27 percent of all global commercial property transactions in 2016 involved a private buyer and 24 percent of ultra-high-net-worth individuals portfolios allocated to real estate. UK is the number one country where private property investors are most likely to invest in, says Knight Frank’s Active Capital Report.

The number of Ultra-High-Net-Worth Individuals (UHNWIs) – those with USD 30 million or more in net assets – rose by 6,340 in 2016 alone, taking the total to 193,490, it says.

Asia is starting to challenge the US in terms of the largest regional population of UHNWIs. At present, Asia is home to 27,020 fewer ultra-wealthy people than the US, but by 2026 this difference will have shrunk to just 7,068. While China will continue to lead the way in Asia, places like Vietnam, Sri Lanka and India will also see substantial expansion, it notes.

A quarter of private wealth is held in real estate investments of some kind (excluding primary residences and second homes).

“We predict that private investors will continue to take global market share as both the number of wealthy individuals and their assets grow. The number of Ultra-High-Net-Worth Individuals (UHNWIs) – those with USD 30 million or more in net assets – rose by 6,340 in 2016 alone, taking the total to 193,490,” says Anthony Duggan, Head of Capital Markets Research, Knight Frank.

“We expect that the appetite from private investors for commercial property will continue to increase. The Active Capital report shows that 32 percent of UHNWIs will invest in cross-border real estate deals in the next two years,” he says.

Asia is starting to challenge the US in terms of the largest regional population of UHNWIs. “While China will continue to lead the way in Asia, places like Vietnam, Sri Lanka and India will also see substantial expansion,” he says.

SOURCE: http://www.moneycontrol.com/news/business/real-estate/quarter-of-all-global-commercial-real-estate-transactions-involve-private-investors-2331319.html

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