Contact Us
News

Retail Properties Lead Asset Value Growth

WASHINGTON DC 04.27.2017

FEDERAL MARKETS & REAL PROPERTIES

A New President & GSA: What Does That Mean For You?

Norman Dong -- U.S. General Services Administration (GSA)
Tom Finan -- Trammell Crow Company
Bruce Childs -- USAA Real Estate
Retail Properties Lead Asset Value Growth

The retail sector is driving the bus when it comes to asset appreciation in the Lower Mainland, according to a RealNet Canada study. The study focused on commercial real estate bought after 1999 and sold as of mid 2013. (Also known to some as the worst period in music history.) RealNet studied 337 properties sold between July 1, 2012 and June 30, 2013; retail returned a market-leading 28.5% through asset appreciation, a gain of $70M. "While the overall market has produced compound annual growth rates of 7.7%, the highest level of growth was again delivered by retail assets in the $3M to $10M mid market," says RealNet president George Carras (left, with other speakers at a ULI real estate forecast event).

Related Topics: RealNet Canada, George Carras