Expectations & market realities in real estate 2012
New foundations in an uncertain world
Challenging economic and market conditions persist in many parts of the world today. Although there are no guarantees and there are elements of risk with any investment, institutional-grade commercial real estate appears to have remained relatively stable during recent periods of uncertainty. Besides seeming to have avoided the recent volatility of the stock market, some commercial real estate investments have offered returns greater than those experienced by non-real estate equity investors.
Against this backdrop, Deloitte, along with the Real Estate Research Corporation and Real Capital Analytics, sponsored and developed this annual report on expectations and realities in the real estate industry, New foundations in an uncertain world.
The report is organized around the following topics:
- An introductory look at the current economy, and various risks associated with its recovery and the performance of real estate as an asset class
- A discussion of the capital markets and the debt and equity available for investing in commercial real estate, accompanied by commentary on the regulatory environment provided by The Real Estate Roundtable
- A deeper dive into the office, industrial, retail, apartment, and hotel property sectors, with analyses of volume, pricing, capitalization rates, vacancy/occupancy rates, absorption and completions, and rental rates/revenue for each segment
- The industry outlook for 2012 and beyond, including analyses of the investment environment, the capital markets, and the property markets
There are data-rich graphics and exhibits included throughout; read the attached report to learn more.