Global Real Estate To Remain Strong for Months

NEW YORK CITY-ING Real Estate has issued a Global Vision report that predicts a continuation of the current healthy market for 12 to 24 more months. Economic growth, improving earnings and a continuing inflow of capital are all factors contributing to ING’s positive outlook; although, some markets will fare better than others.

“With commercial property yields relatively low, real estate investors are asking, ‘Is the party over?’” says Timothy Bellman, global head of research at ING Real Estate, in a statement. “Our answer is ‘no’ but there will be significant variations in performance by sector and by region. The global movement of capital is changing the nature of investment opportunities.”

Specifically continental Europe will see market improvements. The report cites Europe’s recovering economy, healthy market fundamentals and the possibility of a significant yield re-rating in the years ahead as indicators of the good months ahead. For example, England is slated to see moderate performance in both the industrial and the retail sectors; with the office and residential markets showing more growth potential.