Mon, Oct 20, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Investment, Performance more

NY: Real estate investors see their returns deflate

Posted on 23 December 2010

From Crainsnewyork.com: As the Manhattan office market continues to regain its footing, the amounts of money investors are making on the properties they acquire continue to drop. The rate of returns investors are realizing on purchased office properties has fallen to levels not seen since 2008, according to a survey of investors conducted by PricewaterhouseCoopers and released this week.
The average capitalization rate for Manhattan commercial properties—the rate of return on an investment anticipated by a buyer in the first year of ownership—fell to 6.02% in the fourth quarter, down from 6.23% in the third quarter and 6.65% a year earlier. The rate stood at 6.07% in the first quarter of 2009 and 5.81% in the fourth quarter of 2008……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031