Specifically, foreign investment firms have shown interest in real estate with longer term viability, such as sovereign wealth funds, pension funds and insurance companies.
Three separate transactions between nontraditional buyers and REITs approached or exceeded $1 billion in value this year. Analysts at Fitch said the rise of nontraditional buyers as the highest bidders could indicate peaking values and an aging investment cycle.
More articles on transactions and valuations:
Beth Israel, Lahey back in merger talks for the 4th time
Mosaic Health Solutions, Cambia Health Solutions create new joint venture
Louisiana, Ochsner Health System partner for free medical assistant training
