Global investors are increasingly focused on political instability and sluggish economic growth, and their potential impact on commercial real estate demand. But capital remains abundant. Here are the top countries, markets and assets attracting investment, and critical mega trends fueling cross-border capital flows.

Commercial real estate cap rates have been compressed significantly over the last decade. Yet capital continues to pour into real estate amid positive global demographics and rising investor demand. We look at what’s driving real estate prices, and why the economic cycle may have room to run.

Large occupiers, particularly technology companies, are increasingly buying office space rather than leasing. They are driven by a low cost of capital and the power to deploy real estate to respond to business needs, improve productivity, drive employee recruitment and retention, and reinforce their brand and cultures.

The industrial and logistics sector is quickly moving into a new phase of globalization, offering sovereign wealth funds and pension funds the opportunity to invest at scale. For every $1 billion in additional e-commerce sales, businesses require 1 million square feet of warehousing. As robust consumer demand continues to drive e-commerce, investors are looking to Europe, where penetration rates remain low compared to the U.S.

Commercial real estate has seen an explosion of investment in software, artificial intelligence, machine learning and virtual reality, among other technologies. Data management, enablement technologies and digital marketplaces are delivering a more sophisticated value proposition to clients, empowering them to make better strategic decisions in real time.