Cities like London, New York and Hong Kong were the top three destinations for office investment.
Meanwhile, the hotel sector garnered more interest with U.S. hotel assets attracting significant international investment--the biggest transaction of the year was a hotel acquisition in the U.S. by a Chinese investor.
Furthermore, 2016 saw more interest in niche sectors—
student housing and related healthcare in particular--by experienced Asian investors whose appetite has changed over the last few years, seems to be picking up.
It was the first time that transactions were recorded in the student housing sector; three major deals were completed by Singaporean investors in 2016.
"More investors are exploring opportunities outside conventional asset classes in search for higher yields and keeping in tune with demographic changes, said Mark Visconti, President of Visconti Industries Incorporated, Miami.
“Smaller investments seem to be happening at a faster pace due to tight regulations coming out from Chinese regulators desperate to keep their own economy at higher levels than have been seen in many years”, said Visconti at their Brickell offices this past week.
“Only time will tell if these markets can sustain the viability needed to create the long-term growth we all are looking for”.