- Colliers International Group (CGI) says investors are “largely optimistic” about a market rebound
- A company report shows 98 per cent of investors across all regions aim to expand their portfolios
- Approximately 60 per cent of people are looking to expand by more than 10 per cent
- Colliers cites confidence in the property market and positive vaccine developments as some contributors
- Colliers International Group is up 1.76 per cent and is trading at C$113.16 per share
Investment management firm Colliers International Group (CGI) is expecting a surge in global investing in 2021 of up to 50 per cent or more.
The company made the prediction in its Global Capital Markets 2021 Investor Outlook report.
The report also indicates 98 per cent of investors across all regions aim to expand their portfolios, with approximately 60 per cent looking to expand by more than 10 per cent.
It details that “investors are largely optimistic about a market rebound in 2021.”
The company says its research suggests a “50 per cent surge in investment activity in the second half of the year, pointing to a broad-based renewal of confidence in the property market as a result of recent vaccine developments and continued government stimulus.”
“Based on our global analysis, which gives us a bird’s-eye view of investors’ interests and expected appetite, longer-term tailwinds in the property sector remain intact. With a massive volume of equity raised globally and the need for real assets, investors are eager to deploy pent-up capital and pursue opportunities during the year,” said Colliers International’s head of global capital markets, Tony Horrell.
“We expect to see movement up the risk curve this year, with investors exploring all types of assets from senior care homes to public infrastructure projects,” he added.
The report also says the logistics and living sectors are “thriving” and that both “were among investors’ top three choices across all regions.”
Colliers International Group is up 1.76 per cent and is trading at C$113.16 per share at 2:52pm EST on January 18.