Is Film Production Real Estate Poised for Blockbuster Performance?
Demand for studio space is high, but pitfalls remain for raising the sector to new heights Quote by Jonathan...
December 19, 2023
Big investment firms that have shunned retail real estate for years are giving the sector a fresh look, the latest sign that this long beleaguered property type is on the mend.
Institutional buyers are still approaching retail with caution, sticking to safe assets and largely avoiding enclosed malls. Kairos Investment Management CEO Carl Chang, who owns primarily grocery-anchored and convenience retail, has been impressed by the strength of dine-in restaurants since the pandemic. But he believes a correction is coming next year if the economy falters.
“I think we’ll finally begin to see the higher interest-rate environment slow down consumer spending,” Chang said.
* The information contained herein is for general, informational purposes only and is not intended to constitute an offer to sell or buy any securities or other assets or promise to undertake or solicit business, and may not be relied upon in connection with any offer or sale of securities or other assets.
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