The document discusses the future path of cap rates and the performance of the U.S. industrial market. It predicts that cap rates may increase as interest rates normalize, potentially affecting capital appreciation. The industrial sector has shown strong demand and rent growth, with declining vacancy rates and a robust development pipeline.
doj/DataSet10/EFTA01388633.pdf
{"title":"U.S. Real Estate Strategic Outlook","document_date":"September 2016","document_type":"other","key_locations":["United States","Northern California","Southern California","New York","New Jersey","South Florida","Seattle","Atlanta","Dallas","Chicago","Riverside","Denver","Central Pennsylvania"],"document_subtype":"report","key_organizations":["CBRE-EA","Deutsche Asset Management"],"reference_numbers":["DB-SDNY-0092297","SDNY_GM_00238481","EFTA01388633"]}