Institutional investors lead 2011’s first quarter retail and office property sales.
When it comes to the retail and office real estate markets, publicly traded real estate investment trusts (REITs) have been the leading purchasers for some time. Not anymore. 2011 has seen a rise in institutional investors buying retail and office properties to the extent that they are now the number one purchasers for this year”s first quarter. This could be good news for those looking to sell commercial properties as demand increases.
The article above is a summary from a report released by June 6, 2011.