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Investors forecast weak property market: survey

Posted on 27 October 2011

U.S. commercial real estate investors believe occupancy and rental rates in most U.S. markets will stay soft in 2012, but competition to buy property in a handful of promising areas could get dangerously hot, according to an influential survey released on Wednesday.
Almost three years after the U.S. economy hit bottom, a recovery seems to be nearly stalled. There is no driver of jobs to create demand for office space, boost consumer spending at malls and shopping centers, and raise demand for warehouses to store goods………………………………………..Full Article: Source


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