Thursday, May 21, 2020

How Much Further Could U.S. Retail Rents Drop?

NREI
Even more turmoil lies ahead for the U.S. retail sector as effective retail rents are projected to plunge 11.00 percent in 2020, according to Moody’s Analytics recent market forecast.

This drop would be nearly twice the decline in retail rents that occurred following the Great Recession of 2008. It will also make retail the hardest-hit commercial real estate sector, Moody’s Analytics pointed out.. . . more