29.09.2009 - Downturn in commercial property over
From Mortgageintroducer.com: The sharp rebound in investor sentiment and the sheer weight of equity poised to (re-)enter the market make it plausible that commercial property total returns could hit 15% next year, according to Capital Economics. After a likely total return of -7% or so in 2009 as a whole, a rebound to 15% next year might, at first glance, appear too rapid. But according to Capital Economics, history shows that total returns can jump very sharply in the first year of a recovery, as they did in 1975 (from -16% in 1974 to 11%) and 1993 (from -2% in 1992 to 20%)....................Full Article: Source
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