Sentences with phrase «office oversupply»

Office Oversupply Looms, But Global Economies Look Solid, Commercial Real Estate Economist Says

«Under our models, even with an office oversupply scenario, the highest vacancy rate to be expected is 16 percent,» he told WA Business News.

Not exact matches

The Netherlands is a potential hotspot due to the fact that the Dutch banks lent a lot of money to commercial real estate, and there are issues with an oversupply of office space.

«But what happened was that fear grew over the prospect of oversupply, mall obsolescence and a number of other factors, as well as the fact that office properties offered great value at that time.»

Despite growing concerns regarding a potential oversupply in new office product, the development pipelines vary greatly from region to region, and strong tenant demand will continue to drive leasing activity in select markets.

Historically, the downward path of the cycle in the office property market has occurred, because just when this large pipeline started coming out in the market, demand was weakening, thus creating oversupply conditions, with vacancies rising, and rents, cap rates and values declining.

The current elevated vacancy rate is not due to an oversupply of office space.

There is some cause for concern with oversupply of apartments and office; and although the demand may lag for now, the economics will soon catch up.

«The decline in most office markets has been dictated more by a lack of demand than by oversupply, which was the principal source of trouble in the 1990's real estate downturn,» says Geraldine Keegan, director at Fitch Ratings.

Some 700 million square feet of office space is under construction worldwide, and Thorpe fears an oversupply.