Momentum Persists for Industrial, Office Sectors; Lags for Retail

The future still bodes well for the office and industrial sectors, according to the Royal Institution of Chartered Surveyors 2019 Q1 U.S. Commercial Property Monitor report. However, survey participants indicate that more downward movement is on tap for the retail sector.

On the whole, according to the report, “results show sentiment in the real estate market remains generally solid in the first quarter of 2019.” RICS’ Occupier and Investment Sentiment Indices—which reflect a combined measure of short-term supply, demand and expectations indicators—recorded readings of +8 and +7, representing a continuation of the modest momentum seen in the fourth quarter of 2018. However, at the sector level, sentiment was more of a mixed bag...

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RSK: I think it is time to define sectors of retail. Not sure how or what would go into this but there are definitely different types of retail. Some are doing well actually while others are sub coming to on-line rapture. Email me your thoughts on this.