The recovery of global commercial property
markets around the world is beginning to gather momentum. However, the future of the sector remains uncertain, with a number of concerns remaining surrounding risk and uncertainty.
ING Real Estate Investment Management's Global Vision 2011 research report suggests that investors will be able to gather strong returns in markets across the world over the coming five years.
But this forecast is reliant on the recovery of several major economies, the organisation said.
"A period of unprecedented fiscal and monetary policy easing has helped to stabilise the global economic outlook and provided support to asset prices generally. The ultra-low short and long-term interest rate environment has encouraged many investors to turn to real estate as they hunt for yield. We expect that they will be rewarded by strong commercial real estate returns in the next five years," Tim Bellman, global head of research at ING, said
The Global Vision report noted that heightened risk aversion has caused many investors to target prime properties in the world's major real estate
- Friday 10 December 2010