If the more than 250 CBRE respondents to a survey are correct, bond yields may have previously reached their peak, which should be taking pressure off cap rates in general.
First, two caveats. The first comes directly from CBRE. "Given the current rapidly changing investment landscape, estimates may not reflect recent events or the most current market conditions. Readers should view all cap rate estimates within this context."
The second is that all the respondents work for CBRE, and so views and estimates may include various types of biases, including institutional ones. That said, business data is never perfect.
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