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US Real Estate Market looking up
For additional info.on this beautiful Maine (5 bedroom
B&B property )write to: real_estate@eclipso.eu |
LL's Global Market Perspective has chronicled the journey of the
world’s dominant real estate markets since the depths of the Great
Recession in 2008, a journey that has been led throughout by
strengthening investment markets as a huge weight of money targets real
estate assets.
But, as we move into 2016, the dynamics have started to shift, with the occupational markets now registering greater momentum.
Market
fundamentals are improving across all major global regions and property
sectors, and recent leasing activity has surprised on the upside.
Geopolitical and economic headwinds will weigh on business activity over
the coming months, but for now, corporate occupiers remain in growth
mode which, combined with tightening supply, will support rental value
growth during 2016 in most major markets.
Improved
consumer confidence and healthy retail sales are fuelling optimism in
the U.S., Europe and selectively in Asia Pacific. Several
U.S.
markets, primarily gateway cities, are now witnessing conditions
typical of a peaking market as rents see assertive growth and vacancy
continues to compress. Meanwhile, UK regional markets and Berlin
experienced
the strongest rental growth over the year’s final quarter in Europe,
while increases were also recorded in the recovery markets of Italy and
Spain.
In Asia Pacific the demand picture remains
varied, with the acceleration in retail spending in Australia
contributing to leasing demand, although rental growth has been limited
in most regional markets over the quarter.
For the complete report click here:
Global Market Perspective | JLL