Transaction values returned to growth in 2Q24 and 3Q24 and expectations are for this trend to continue
PwC’s report Global M&A Trends 2025 says that the real estate sector’s higher stability and the enlargement of assets classes in which to pour resources make the expectations of global investors bullish. Such trend gained momentum in late 2024 as transactions value increased.
In 1Q24, market participants closed deals worth 217 billion US Dollars, which is the lowest level in more than 10 years as in 2022 central banks started to increase official interest rates after having kept them below or close zero. In 1Q23, the value of closed deals amounted to 411 billion while in 4Q21 the figure was of 840 billion.
In 2Q24, the trend inverted again as transactions value amounted to 244 billion, 253 billion in 3Q24 for a total of 714 billion in the first nine months of the year spread over an average of 7649 deals per quarter (-4% yoy). However, in 3Q23 the figure was of 817 billion spread over an average of 7982 deals per quarter.
However, the transactions value trend has different geographic dynamics. At the end of 3Q24, in the EMEA i has gone up 2% yoy while it posted -1% in America and -24% in Asia-Pacific.
