Investors expect 2016 to be another great year for commercial real estate, as noted in KPMG LLP‘s 2016 Real Estate Industry Outlook Survey.
Succinctly put, Phil Marra, national real estate funds leader with KPMG, told Commercial Property Executive, “Respondents to our survey remain cautiously optimistic about the real estate investment environment in 2016.”
KPMG queried senior executives across the industry, and on the topic of real estate fundamentals in 2016…well, there couldn’t be a more positive group. A whopping 91 percent of respondents expect the favorable conditions to endure or even improve, with a notable 67 percent predicting that vacancy/occupancy levels, rental rates and transaction velocity will be either somewhat or significantly better.
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