11.11.2010 - US commercial property deals expand
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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