CRE Business

CenterSquare Investment Management and Arch Street Capital are going after properties with essential service-oriented tenants.

Far fewer tenants are putting space on the market compared to last year, and some are taking their spaces back.

Based on IRR, listed REITs outperformed seasoned PERE funds by an average of 165 basis points per year and outperformed economic life funds by 186 basis points per year.

Among the biggest impacts might be a further increase in the costs of construction materials and construction and industrial labor.