NEW YORK CITY-In our exclusive video with Howard Roth, Ernst & Young’s global real estate practice leader (click the image to play the video), he cites a recently released survey in which the firm polled more than 80 REIT CFOs on their outlook for the market and their own growth. While the European banking situation might cause some wrinkled brows, the outlook for US-based growth was strikingly more positive. Here are some of the other highlights of the survey:
•More than 82% of those E&Y surveyed expect REIT performance to be better this year than in 2010, and over 91% expect 2012’s financial results to exceed those in 2011.
•In terms of the financing market for private firms or public REITs, more than 65% feel REITs have the current advantage.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
