North America

North America real estate analysis: autumn 2015

Development is accelerating in all of North America’s property sectors, writes Cushman & Wakefield’s Sandy Romero

North America’s real estate recovery is moving firmly into the development phase. “Build to core” investment strategies have provided higher-yield alternatives to low core cap rate markets. Cranes are on the skylines in top gateway office markets, ground-breakings are plentiful in most residential markets and new warehouses are going up outside most CBD markets.

Development has even captured the interest of foreign investors, in particular the Chinese, who are relatively new to US development. In the past five years, Chinese buyers…

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