Repricing, Rebalancing and Recovery: A New Era for Real Estate

Principal Real Estate Investors is pleased to announce the release of our 2010 U.S. real estate research report entitled, Repricing, Rebalancing and Recovery: A New Era for Real Estate, written by Randy Mundt. Principal Global Investors is excited to be the sole sponsor of the report, formerly known as Expectations and Market Realities.

Repricing, Rebalancing and Recovery: A New Era for Real Estate discusses the improving state of the global economy and credit markets as the new decade begins, as well as the possibility of secular changes that could influence the trajectory of the U.S. recovery and their impact on the outlook for the commercial real estate space and capital markets.

Excerpts from the report include:

• The Turning Point?
  As the global economy prepares to turn the chapter to the new decade, there are unmistakable signs of a turning point and with it the hope for a new beginning. Having avoided a complete meltdown of the financial system, markets are embracing a growing conviction that the days of peak systemic risk have passed.
• The Long Road to Deleveraging
  The inherent cyclicality of commercial real estate has once again made its presence felt quite strongly during the global and U.S. recessions. This cyclicality is evident in the rise and fall of property values and in the historical and projected patterns of deployment of financial leverage.
• The Weight of Capital Becomes the Wait for Capital
  Over the past 18 months the commercial real estate markets have been rocked by a sudden and severe dual reversal of fortune. But the timing of pricing corrections in the face of the real estate storm has been far from synchronized across the public and private equity sectors.

Click here to download Repricing, Rebalancing and Recovery: A New Era for Real Estate

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