Foreign capital flows to the US set to stay at low levels

The US’ relatively strong economic growth outlook and large data center market are likely to support a pick-up in foreign demand for US assets after the cross-border share of purchases fell to at least a 15-year low in 2025. But importantly, we don’t expect an especially strong rebound while policy remains unpredictable, particularly given the importance of Canadian capital in inbound flows.

This US Commercial Property Update is being sent to all commercial property subscribers given wider interest in capital flows.