The U.S. commercial real estate (CRE) recovery, although slow, has been visible in improved fundamentals, capital availability, asset pricing and transactions. REITs continue to outperform others, primarily due to higher liquidity and relatively easy access to capital markets. However, the CRE recovery appears to be unsteady, with increased “caution” given the nation’s stalled economic recovery, which is due, in part, to sovereign debt problems and economic stagnation in Europe as well as slowing growth in emerging markets such as China and India.
This report, the 14th in Deloitte’s series on critical issues affecting real estate, examines CRE market trends and developments, with a focus on potential solutions to help CRE players favorably position themselves in the medium-to-long term future.
The report examines the top 10 issues facing U.S. CRE in 2013, and how innovation can drive industry growth during this period of slowed CRE recovery.
The top 10 issues for commercial real estate in 2013 are:
- Macroeconomic fundamentals
- CRE fundamentals
- CRE lending
- Real estate investment trusts (REITs) and private equity real estate (PERE)
- CRE deal flow
- Single-family homes
- Globalization of CRE