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Industry Discussions / Real Estate Inv. Trusts: REITs


Subject:  property prices Date:  5/6/2019  3:42 PM
Author:  JimLuckett Number:  84750 of 86492

“Pricing for most types of property has been stable lately, but the weakness in retail continues,”
said Peter Rothemund, Managing Director at Green Street Advisors. “Mall and strip values are
down 20% and 10%, respectively, from their late-’16 peak, while values in other sectors have
mostly continued to rise, though at a slower pace than in years past. As calm has returned to the
markets and interest rates have retraced last year’s up-move, the status quo of slow-and-steady
seems likely to continue.” -- Green St
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