Investors Sense Markets Have Bottomed, Are Prepared to Buy
Property investors are looking to significantly increase their acquisition activity over the coming 12 months.
Fifty-four percent of United States investors and developers surveyed by Jones Lang LaSalle said their investment and development activity this year will increase by up to 30 percent from their 2009 volumes, while 20 percent predicted their activity will be up by 75 percent or more.
And 51 percent said that property pricing has already bottomed or will hit bottom this year, according to JLL's survey of attendees at this week's Urban Land Institute Spring Council Forum in Boston.
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