Cap rates continued to dip from September to October. 2012continues to be marked by cap rate decline. Low interest rates,lack of product and a flight to quality are all large contributorsto this decline. However, with the capital gains rate set toincrease, we could see more investors willing to sell.
Overall net lease retail cap rates fell from an average of 7.21%to 6.87%. Banks had the lowest average of 6.10%% and dollar storessaw a substantial drop from 7.96% to 7.31%. All sectors surveyeydwitnessed cap rate decline, though some had more bold drops thanothers.
Read fullreport.
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.