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AS Bangkok's "serviced apartment" sector has long been a great option for those looking for bargain accommodation.
The RBA warned risks in the commercial property sector were rising, and flagged an oversupply in the apartment sector.
A The New York office market, in particular, recovered a significant measure of its previous robustness, and the apartment sector performed exceptionally well.
The challenge is future growth: intense competition and slower growth in the apartment sector, in general, has reduced the likelihood of strong FFO gains, especially for apartment operators in southern markets, where many fear a reappearance of overbuilding.
Is there a property sector that you are particularly bullish on? A. It would be the apartment sector, where we've been active in financing development of new apartment communities.
Interest has been largely focused on office because of the visibility — the tradeability — of those assets, and on the apartment sector, because of its stronger fundamentals and the availability of credit through government sponsored enterprises like Fannie Mae.
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And during the third quarter, in fact, the storage and apartment sectors actually posted strong gains.
Mr. Smotrich is less enthusiastic about the office sector, which has posted losses of 14.52 percent, on average, so far this year, and the apartments sector, which has had negative returns of 18.69 percent.
In America prospects for the "multi-family apartment" rented sector are helped by the "echo-boomers", a youthful bulge in the population.
A Home Properties buyout would lift the apartment REIT sector, just like the Archstone-Smith buyout lifted it last month.
One-bedroom apartments, a sector that is sensitive to interest rates, inspired the most frenetic trading in 15 years, a sign of a shift in focus from a somewhat inflated luxury-driven marketplace (where the entry threshold is now $2.95 million) to a more accessible demographic.
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