{"id":8691,"date":"2016-08-26T14:59:32","date_gmt":"2016-08-26T18:59:32","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=8691"},"modified":"2016-08-26T15:01:15","modified_gmt":"2016-08-26T19:01:15","slug":"u-s-commercial-real-estate-benefits-from-brexit-vote-new-global-classification-sector","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/u-s-commercial-real-estate-benefits-from-brexit-vote-new-global-classification-sector\/","title":{"rendered":"U.S. Commercial Real Estate Benefits From Brexit Vote, New Global Classification Sector"},"content":{"rendered":"

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U.S. Commercial Real Estate Benefits From Brexit Vote, New Global Classification Sector<\/h1>\n

Outlook for Industry Positive despite Some Economic Headwinds<\/h4>\n

\"20160826<\/a><\/p>\n

HOUSTON, Aug. 25, 2016 (GLOBE NEWSWIRE) — The impact of Brexit will be long and protracted, which will likely result in increased volatility in the capital markets, according to the latest edition of \u201cthe BRIEFING,\u201d<\/a> a Transwestern report that covers the global economy and commercial real estate. In the short term, the impact has been generally positive for the U.S. with the flight to safety driving down 10-year treasury notes to a new historic low of 1.39%.<\/p>\n

A photo accompanying this announcement is available athttp:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/c8b923b2-d04a-4ced-af5c-ed21d92480e0<\/a><\/p>\n

In addition, a new headline sector under the Global Industry Classification Standard (GICS) for Real Estate, effective Sept. 1, bodes well for the industry, as it speaks to the sector\u2019s growth over the last two decades. The change is expected to bring $100 billion of inflows from equity funds into the REIT sector.<\/p>\n

Transwestern reports these positive indicators for commercial real estate even as the U.S. economy loses some steam. April and May sales and consumption numbers were strong, but corporate profits, business investment and job growth continue to decline, leading to an underwhelming second-quarter GDP growth of 1.2%. Commercial real estate has enjoyed positive fundamentals and ample liquidity on the equity side, but the debt side saw some contraction in the first half of 2016, primarily in CMBS and bank financing.<\/p>\n

20 FAST FACTS FOR THE BIG PICTURE<\/strong><\/p>\n