Q4 Single-Asset & Portfolio Investment Volume Sets Record


  • Q4 investment volume1 fell by 8.1% year-over-year to $152.7 billion. Excluding volatile entity-level deals, volume was $150.7 billion—the highest quarterly total of single-asset and portfolio sales on record. Entity-level transactions slowed sharply from 2018, particularly for retail and industrial assets.


  • Investment volume for full-year 2019 decreased by 1.8% to $542.4 billion due to an 86% decline in entity-level deals. Entity-level deals accounted for 2% of total volume, down from 13% in 2018. 


  • Portfolio and single-asset investment volumes increased year-over-year both in Q4 and for the full year, led by a surge in industrial single-asset and portfolio volume. Single-asset volume increased for all sectors except hotel (-5.2%) in 2019.