New Survey Results: Which CRE Property Types Are Outperforming?

• Investor sentiment elevated for the outperforming sectors – Apartment, Industrial and Self-Storage

• All three property types saw operations hold steady or even improve over the past year

• Economic recovery & positive demographics drove Apartment net absorption to an all-time, record high in 2Q 2021

• Industrial properties, an asset class favored pre-pandemic, got a boost from the jump in eCommerce usage and retailers increasing safety stock amid supply chain disruptions

• Vacancy for Self-Storage dropped to the lowest level ever as remote working/learning drove additional space needs in people’s homes

• All three sectors have strong investor expectations for rising values over the next 12 months:

  • - Apartment: 74%

  • - Industrial: 74%

  • - Self-Storage: 62%