Globest Sectors

But that may be because their rental costs have fallen by more than half.

The fund acquires and converts underperforming industrial properties into creative office assets.

The venture is targeting three to four transactions of approximately 200,000 to 500,000 square feet.

The number of trades dropped 21% from Q4 while the sale price per room rose 4%. .

Rent price growth drops to 5% and some affordable cities become wins as places to live.

Industry experts, though, believe there will be slowdown for the remainder of 2023.

The average cap rate on QSR transactions is about 62 basis points lower than a STNL deal.

An initial U.S. installation allows renters in a building to also benefit from renewable sources.