The projection is based on low vacancy rates for major propertyclasses, rising rents and a relatively controlled rate ofconstruction. Even in the event of a recession, real estate shouldnot be negatively impacted, according to Jonathan D. Miller, aprincipal at Lend Lease and author of the report, Emerging Trendsin Real Estate 2001. Those responding to the survey foresee returnsof 11% in 2001 for private real estate investments and 12% forREITs.
The report also identified cities that offer the bestopportunities for investment based on their planning, technologyinfrastructure and appeal as places to work and live. Topping thelist are San Francisco, New York, Boston, Los Angeles, Washington,DC and Seattle.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 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.
