Canada topped the list of foreign investors scooping up U.S. commercial real estate in 2014. According to data released by CBRE Wednesday, global direct investment in U.S. real estate totaled $41 billion during the year.
Canada accounted for 26% of direct foreign investment in 2014, followed by Norway (11%), China (10%) and Japan (9%).
“Canadians, other global investors and Americans share the same challenge -- finding attractive opportunities with reasonable pricing that can produce a favorable risk-adjusted return. That said, we expect the investment climate to remain brisk and U.S. volumes will continue rising in 2015," said Chris Ludeman, global president of CBRE Capital Markets.