Office Sales Are Starting to Tick Up, as Distress Fails to Materialize


Office Sales Are Starting to Tick Up, as Distress Fails to Materialize


Private equity funds have been among the most active buyers in recent months.

Concerns about downsizing and uncertainty around when many tenants might return to the office definitely impacted office sales investment volumes in the first half of 2020. But the winds may be changing, as the downward spiral on office sales started showing signs of reversal in the third quarter, the most recent period for which final data is available...
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RSK: Seems, according to this that REITs are playing a major role in this. Plus, majority of sales are from suburban areas rather than the CBDs.

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- - Volume: 9 - WEEK: 3 Date: 1/12/2021 9:49:23 AM -