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US commercial property deals expand

Posted on 11 November 2010

From Assetz.co.uk: Experts in the US expect to see a 40% increase in commercial property transactions next year as the country’s economy continues to expand. Buyers and sellers are predicted to complete $92 billion worth of deals for apartment, office, industrial and retail properties this year, and transactions will increase next year as US gross domestic product grows to 2.5%.
Josh Gelormini, director of capital markets research at Jones Lang LaSalle, said investors will begin taking on more risk and apartment buildings will remain attractive as new construction remains limited……………………………………….Full Article: Source

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