Archive for January, 2011
Commercial Real Estate Markets Begin Long, Slow Recovery – NAI Global Issues 2011 Global Market Report
Vacancy, Rental Rates Show Signs of Stabilizing in 2010 as Demand Returns
NAI Global Issues 2011 Global Market Report; 25th Annual Volume Provides Review/Forecast for 217 Commercial Property Markets Worldwide
The commercial real estate industry struggled through the start of 2010, but by year’s end there were signs that conditions worldwide had stabilized and were beginning to improve, according to the 25th annual Global Market Report released today by NAI Global.
After a prolonged, challenging period marked by frozen credit, sidelined investors, stalled development, rising vacancy rates and declining rental rates and property values almost anywhere you turned, improvement, albeit modest, is expected in just about every market sector and geography in 2011. More >