Adviser: Global commercial-property investing to double next year

12/17/2009 | Wall Street Journal, The

International commercial real estate investors will run out of properties to buy next year when global investment is poised to double, reaching $315 billion, real estate adviser DTZ Holdings said. There will be $2 in the market for every $1 worth of property for sale, the adviser said. "In some markets, there will be a shortage of properties, particularly prime properties in Europe, Germany the U.K. and Asia, including Australia," said Nigel Almond, associate director of real estate strategy at DTZ Research.

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