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Foreign Investment in U.S. Commercial Property Exceeds Pre-Pandemic Levels
International expense in U.S. professional property surpassed pre-pandemic degrees previous calendar year, as abroad traders piled back again in immediately after vacation constraints eased and the U.S. economic system bounced again. Pensions, sovereign-wealth cash and other overseas institutions ordered $70.8 billion of U.S. professional true estate in 2021, in accordance to data business Real Cash Analytics. That was the optimum overall considering that the $94.6 billion invested in 2018, and just about double the 2020 figure. Investors from Canada, Singapore, South Korea, the U.K. and other international locations joined U.S. domestic investors to push past year’s complete industrial real-estate gross sales to report levels. Just before the pandemic, foreign buyers…