NEW YORK CITY-In our exclusive video with Howard Roth,Ernst & Young’s global real estate practice leader(click the image to play the video), hecites a recently released survey in which the firm polled more than80 REIT CFOs on their outlook for the market andtheir own growth. While the European bankingsituation might cause some wrinkled brows, the outlook for US-basedgrowth was strikingly more positive. Here are some of the otherhighlights of the survey:
•More than 82% of those E&Y surveyed expect REIT performanceto be better this year than in 2010, and over 91% expect 2012’sfinancial results to exceed those in 2011.
•In terms of the financing market for privatefirms or public REITs, more than 65% feel REITshave the current advantage.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
