WHICH CRE PROPERTY TYPES ARE OUTPERFORMING?

 

• Investor sentiment elevated for the outperforming sectors – Apartment, Industrial and Self-Storage
• All three property types saw operations hold steady or even improve over the past year
• Economic recovery & positive demographics drove Apartment net absorption to an all-time, record high in 2Q 2021
• Industrial properties, an asset class favored pre-pandemic, got a boost from the jump in eCommerce usage and retailers increasing safety stock amid supply chain disruptions
• Vacancy for Self-Storage dropped to the lowest level ever as remote working/learning drove additional space needs in people’s homes
• All three sectors have strong investor expectations for rising values over the next 12 months:
  • - Apartment:     74%
  • - Industrial:       74%
  • - Self-Storage:  62%