The lending market “is not cautiously pessimistic, it’s not cautiously optimistic. It’s just in a quiet place where it doesn’t know which direction to go,” says one source.
Excess Space’s Michael Wiener says ‘We must talk about science these days instead of just talking about real estate, because it's all tied together now.'
About $75 billion, or 20 percent of all global CRE investment in the first half of the year, went toward industrial and logistics properties, according to Savills Plc.