LAS VEGAS—Interest rates are likely to remain stable leading up to the election, and with positive inflation data, B+E CEO Camille Renshaw foresees a potential decrease in the Fed rate post-election. In a recent conversation with GlobeSt.com surrounding the ICSC conference in Las Vegas, Renshaw highlighted several retail trends she's observed.
Renshaw points out the popularity of sale leasebacks among both buyers and sellers. "Buyers are attracted to the long-term stable returns, while sellers are keen on expanding their companies and appreciate the lower cap rates compared to current borrowing costs," she explains.
She also observes an uptick in inventory across most segments quarter over quarter, with pricing adjusting accordingly.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Unlimited access to GlobeSt and other free ALM publications
- Access to 15 years of GlobeSt archives
- Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
- 1 free article* every 30 days across the ALM subscription network
- Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.