It may be too soon to pop the champagne corks, but investor sentiment is improving as economic news turns positive and a bottom nears for commercial real estate markets. Sixty percent of respondents indicate they plan to increase their commercial real estate holdings over the next year.
That is a more bullish sentiment compared with the 51% who voiced the same opinion in the fourth quarter of 2008 when property values were dropping rapidly amid the credit crisis. Respondents who do plan to acquire property in the next 12 months say they expect to boost their portfolios by an average of 25%.
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