07.10.2008 - Analysts cautious commercial real estate outlook
From Forbes: A prolonged downturn in commercial real estate appears more likely due to the national credit crunch and higher funding costs and equity requirements for real estate investment trusts, Goldman Sachs analysts said. In a research note, the analysts said they had a cautious forecast of the commercial real estate market. They reduced their estimates for funds from operations for REITs for the rest of the year and into the next two years, making them consistent with the flat growth of the 2001 recession..... Full Article: Source