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Real estate market forecast - Cover Story
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Emerging trends in 1993.
The widely followed forecast that's the bible of the commercial real estate market says the office market recovery won't come until 1995--at the earliest.
REAL ESTATE RESEARCH CORPORATION'S (RERC) venerable forecast, co-authored this year by Equitable Real Estate Investment Management, the study's sponsor, sees the real estate cycle approaching its nadir. The plunge of values should begin to turn--as early as next year for apartments and industrial properties--and capital-rich long-term investors will begin to find solid opportunities for attractive returns and eventual value enhancement. As in previous years, Emerging Trends' strength derives from its cross-fertilization of in-depth research and confidential ...See the full content of this document
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