UBS Asset Management has released a second edition of its “U.S. Real Estate Summary,” analyzing the commercial real estate investment landscape for the second half of the year.
According to the report, U.S. real estate investors are entering the fourth year of a period of relative calm, income-driven performance.
Private commercial real estate is producing steady returns, consistent with the predictions of long-horizon real estate investors.
Development rates are meeting demand, and as a result, occupancy rates are stable and high compared with the past decade. Positive rent growth is driving income gains.
Retail and office properties, however, are seeing a lower transaction volume than othe
