Apr
07
CBRE Survey Reveals Continued Strong Industry Fundamentals
ByCBRE’s latest cap rates survey predicts business as usual for all property types, but offers a few warnings, as well.
Spencer Levy, Americas Head of Research, CBRE
The only sector with a more significant change was hotel, which registered slightly higher cap rates due to a more noticeable decline in investment activity.
“Big picture is that real estate fundamentals across the five major appetites are strong. We have a strong foundation in all five types,” Spencer Levy, CBRE’s Americas head of research, told Commercial Property Executive. “I think capital flows are also strong, both domestic and foreign. We’ve been seeing a conflict between strong fundamentals from the basic categories of investors.”…
