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Article: Commercial real estate has emerged as an asset class.(Investment Strategies)
- Article from:
- Investment News
- Article date:
- April 23, 2007
CopyrightCOPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Robert Brunswick
Some time in 2002, when the Standard & Poor's 500 stock index had bottomed from its technology bust, investors went back to the drawing board and wondered how they could get off the roller coaster.
Amid this search for answers, investors began to discover how the commercial-real-estate industry had emerged from the cocoon where it had slept for most of the 1990s.
The situations and conditions for the sector have improved so much in recent years that institutional and high-net-worth investors, both domestic and foreign, have developed newfound trust and confidence in it as an investment.
Defining changes in the ...