Goldman Sachs Asset Management will resume ‘actively investing’ in US commercial property this year because the market is bottoming out, its real estate head says. – AFPpicGoldman Sachs Asset Management will resume “actively investing” in US commercial property this year because the market is bottoming out, its real estate head said, while other investors said the market downturn still had further to run.
The underlying strength of the US economy should support a rebound in the US market too, although he cautioned about the speed of a recovery. Schroders has begun hiring a real estate team in the US and is looking at various potential strategies, including potential acquisitions or buying stakes in local firms, van Oosterom said.
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