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Real Estate

Apr. 22, 2003

Quicker Recovery Expected for Office, Retail Sectors

BOSTON - Vacancy increases have been subsiding and rent losses, which lag a vacancy rate recovery slightly, appear to be cresting, according to Property & Portfolio Research Inc.'s most recent fourth-quarter 2002 forecast. Both events indicate that the real estate cycle has bottomed out.

BOSTON - Vacancy increases have been subsiding and rent losses, which lag a vacancy rate recovery slightly, appear to be cresting, according to Property & Portfolio Research Inc.'s most recent fourth-quarter 2002 forecast. Both events indicate that the real estate cycle has bottomed out.

Should those trends continue without any major shocks to the economy, which property types will exhibit the most rapid rebound and why?

For its study, PPR looked at fou...

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