Publicly-traded REITs have enjoyed a robust recovery since the last recession. It’s a far cry from the days of plummeting stock prices, middling total returns and balance sheet woes...
Respondents were asked to rank what sectors would be at the top of their “buy” and “sell” list and were able to select up to three property types on each question. The questions generated conflicting responses...
A majority of respondents indicated that they think REITs have been good at managing their balance sheets. Overall, 60 percent said that REIT balance sheets are “balanced” and another 13 percent said they have room to take on more debt...
Those REITs that are more actively pursuing joint venture capital are generally in the mall, office or industrial sectors, which are trading at greater discounts to NAV, notes Kaspar. For them, accessing the public equity markets really isn&rsquo...
Overall, REITs have been net sellers in 2016. In the first quarter, REITs sold more than $15 billion in properties and bought less than $6 billion, according to CoStar. The volume in the quarter was greater than in any of the four quarters in 2015...
Industry pros expect continued improvement in the office sector. But a closer look reveals that bullishness is starting to weaken. The latest cycle may have reached its peak, with an increasing number of insiders expecting momentum in fundamentals...
Respondents were asked to estimate cap rates nationally and generated a figure of 6.35 percent. But respondents think further cap rate compression is unlikely...
Respondents were also asked about the outlook for CBD office properties in comparison to suburban complexes. Responses were similar for both property types and also mirrored overall sentiment for the sector. In both cases, about three-fifths of...
Survey respondents said the level of development is about right for the sector, with only some fearing that too much space is being built. In this year’s survey, 56 percent said the level of development is the right amount. An additional 11...