GlobeSt: CRE Transaction Volume To Moderate In Coming Year
May 10, 2022
Eversheds Sutherland Partner Marc Benjamin is quoted in this GlobeSt. article discussing the current state of the commercial real estate market in the context of the Urban Land Institute's April 2022 Real Estate Report.
The report noted that, by property type, 2022 returns are forecast to range from industrial’s 20% to retail’s 5.4%. In ‘24, returns are forecast to range from industrial’s 9.8% to office’s 5.3%.
Marc commented that regarding transaction volume, price growth and total return, "one should consider the potential impacts of a rising interest rate environment and therefore some likely downward pressure and moderation on all three as a result of the same."
Key contacts