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ULI SURVEY SEES APARTMENTS, SUBURBAN OFFICE SPACE AS LEADING REAL ESTATE MARKET SECTORS FOR RENTAL RATE INCREASES IN 1995
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PR Newswire
- Article date:
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January 11, 1995
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Copyright informationCOPYRIGHT 1995 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, Jan. 11 /PRNewswire/ -- The strongest increases in net effective rents over the past year occurred in the rental apartment real estate market sector, according to a recent survey of U.S. real estate market analysts conducted by the Urban Land Institute (ULI). The rental apartment product category is expected to lead in 1995 as well, with small to moderate increases similar to last year, the survey noted.
Suburban office space, which showed small rental increases over the past year, is expected to experience stronger increases in the coming year; the suburban office market sector earned the second highest overall relative rating in the survey.
The ULI survey ...
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