Highlights
Report Recommends Investors Focus on Markets Generating Jobs Where Technology and Energy Companies Concentrate
For 2012, U.S. real estate players must resign themselves to a slowing, grind-it-out economic recovery following a period of mostly sporadic growth, confined largely to a few real estate markets that offer the primary 24-hour transportation hubs with global access
Return Expectations Continue to Recalibrate
Although return expectations will further recede, well-leased core real estate in leading markets will continue to produce solid single-digit, income-oriented returns. According to the report, more opportunistic investors will ratchet down forecasts – even projections of returns in the mid-teens appear to be a stretch as risk increases from questionable supply/demand fundamentals.
Plus the best investor bets for 2012 and a snapshot of the top five markets.