Credit Suisse develops new property derivatives
INVESTORS MUST SEARCH hard to find a decent return these days, hence the attractiveness of property. In particular, US commercial real estate is hot, and it is not just Donald Trump who will tell you that. According to Colliers International’s 2006 Real Estate Forecast, the sector will experience another blockbuster year in 2006, with continued growth in office, industrial and retail real estate. Even if the US economy grinds to a standstill, the commercial real estate consultancy predicts that there will be enough momentum to carry the market through to mid-year at least. Colliers argues that the strongest seller’s market ever has built up in the first few months of this year, with demand up across all sectors, making vacancies increasingly valuable.
Cash is flowing into real estate debt and equity directly as investors are spurred on by...
