The commercial real estate sector is coping with its worst slump since the early 1990s. "This is a rolling problem that's only going to get worse," says Jeffrey DeBoer, president of the Real Estate Roundtable. Unlike the 1990s slump, when tax breaks fueled overinvestment and overbuilding, the current downturn was brought on by an abundance of cheap credit.
FTSE Group, in partnership with NAREIT and the European Public Real Estate Association, has launched the FTSE EPRA/NAREIT Emerging Markets indexes. This family of commercial real estate indexes will help
investors gauge performance of REITs and other listed real estate companies in 13 emerging markets around the globe.
A majority of private and institutional real estate investors will increase their commercial real estate holdings in 2009, according to the Marcus & Millichap Real Estate Investment Services survey. The survey of 1,129 private and institutional real estate investors shows that many believe that there are bargains to be found in commercial real estate investments.
Foreign real estate investors expect to increase spending this year from 2008, according to a report by the Association of Foreign Investors in Real Estate. The investment increases are expected both in the U.S. and globally.