Deloitte Report Sees Continuing Weakness in Commercial Sector

摘要

Continuing declines in commercial real estate values and rents are likely this year, according to a Deloitte report.rnThe report was based on an online survey of 327 executives of real estate companies and corporate tenants conducted for Deloitte by Bayer Consulting.rn"The commercial real estate market continues to be adversely affected by one of the deepest recessions in decades. Increased unemployment has resulted in less demand for office space, reduced rents, and an overall decline in commercial property values," said E.J. Hunt-ley, Deloitte Financial Advisory Services LLP principal and national leader of the real estate consulting practice.