O
ur study of the investable CRE universe confirms that the U.S. remains the world’s largest market. Despite a two‑year downturn, sales in the past year have rebounded sharply and are projected to surpass prior trend levels for several years ahead. The sector’s durability stems from its reliable income stream, which historically contributes about 80 % of total returns. The global CRE market is recovering from a capital‑market‑driven correction, with the U.S. feeling the impact most acutely. — Art Jones, Senior Director, Global Real Estate Research and Strategy