Specifically, the retail sector experienced the greatest cap rate compression by four basis points to 6.23%. Moreover, this was the first quarter of downward cap rate movement for the retail sector following five consecutive quarters of upward movement.
Risk aversion is driving demand for this asset category, whose hallmark is the long-term nature of the leases and the credit underpinning the tenants, CBRE’s Will Pike said.
A panel of CRE leaders who have implemented successful women’s initiatives in their organizations shared how they’ve created women’s networks, the framework needed and keys to success at the inaugural GlobeSt. ELITE Woman of Influence Conference last week.
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