The search for yield is pulling more investors toward the retail real estate sector and this has led to a pop in values. According to the CoStar Commercial Repeat Sales Index (CCRSI), retail asset values appreciated more than those of any other property type in 2013, with prices rising 15 percent. Growth in office building values was far lower at almost 9 percent, and apartment growth the weakest, at 6 percent. Despite its stronger showing, retail remains cheaper than other property types; ...
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