For commercial real estate, the price declines needed to inspire buyers to come back to the market need not be as extreme as the 22% drop in the RCA CPPI seen from ’07 to ’10 during the Global Financial Crisis. Consider the office market in Manhattan in 2017. The top of the bidder pool disappeared as Chinese investors stepped away from the market and office sales plummeted as buyers and sellers wondered where the bottom would be found. A 20 bps change in cap rates, though, was enough to inspire buyers to come off the sidelines.
Download the Report Read MorePlease find below the constituent changes to the GPR/APREA Indices, which will become effective as of 23 March 2020 (start of trading):
Download the Report Read More在全球金融危机之后(2009年及之后)开始投资 的基金所获得的回报(从净内部收益率和净倍数 来看)都比之前的基金大得多。较新年份的基金 仍处于其基金生命的早期,因此这些年份的数字 可能会随着基金的成熟而发生变化。
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