World Chasing U.S. Yield With 25% Deal Jump: Real Estate
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Singaporeans, South Koreans, Israelis and Norwegians are accelerating purchases of U.S. real estate as a growing economy and rebounding prices lure yield-hungry buyers from overseas.
International investors made $7.97 billion in U.S. commercial-property purchases this year through April, a 25 percent jump from the same time in 2012, according to Real Capital Analytics Inc. Their $27.5 billion in deals in all of last year was almost six times the $4.7 billion low in 2009, the research firm said.