Nearly three-quarters of total Asian investment into U.S. commercial real estate over the past decade has been placed since 2014, according to data released Tuesday by Jones Lang LaSalle.
In the current cycle (2011 through Sept. 18, 2015), Asia-Pacific nations have invested $73.2 billion in U.S. commercial real estate, led by Singapore, China and South Korea. Investment from those nations in the prior cycle (2004-2008) totaled $42.6 billion.
EMEA is the only region where foreign investment into the U.S. is down (off 22% in the current cycle from the 2004-2008 period).
Interestingly, Canadians top the list in four of six property types in terms of top foreign capital sources: office ($24 billion), multifamily ($12.3 billion), retail ($7.6 billion) and hotels ($4 billion). Singapore (industrial - $7.6 billion) and China (development sites - $2 billion) topped the remaining two property types.