Expectations & Market Realities in Real Estate: 2005

The U.S. real estate market is still characterized by very strong capital flows, as the secular forces identified last year continue to assert themselves. However, there are emerging signals that some of the cyclical elements impacting space and capital markets are beginning to change direction and intensity. We are pleased to present our views on these forces and how they will affect commercial real estate in 2005 in this report, Expectations & Market Realities in Real Estate: 2005—Navigating through the Winds of Change.

Highlights of the report include in-depth analysis and our forecast for the core commercial property types, along with our take on the major structural and cyclical forces driving the US real estate market, including:

How are capital flows to real estate affecting values?
How are increasing interest rates and other economic factors/policies affecting real estate (probability ratios included)?
How is productivity (including logistics management and outsourcing/offshoring) affecting space market fundamentals?
How does real estate compare to other investment alternatives on a risk-adjusted return basis?