23.06.2011 - Commercial-property buyers optimistic even as U.S. economy slows, PwC says
Commercial real estate investors are optimistic that a U.S. industry recovery will continue even as the economy shows signs of slowing, according to a report today from PricewaterhouseCoopers LLP. A lack of new supply and low interest rates are helping to drive investor interest in commercial properties, PwC’s New York-based unit said in its quarterly report. Capitalization rates, which decline when real estate prices increase, fell in 27 of 31 markets surveyed..............................................Full Article: Source
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