The Industrial Real Estate Podcast
A Deep Dive into Industrial Real Estate (Part II)
Jun 12, 2024
Doug Kiersey, CEO of Dermody Properties, discusses current state of industrial real estate market, including investor appetite and market values. Topics include China's impact on US inflation, strategies for maintaining fully occupied buildings, and challenges in powering data centers with renewable energy.
49:09
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Market valuations in industrial real estate are estimated to decrease by 20-25%, reflecting a significant downturn in asset values.
- Predictions for future trends suggest a move towards balanced vacancy rates in the industrial sector, impacting rent growth positively despite potential supply increases.
Deep dives
Distress in the Market and Capital Markets Shifts
There is a discussion about the distress in the market, focusing on capital markets shifts and investor appetite. Starwood's capital raise decreased significantly, indicating a shift in market demand. The impact on valuations due to changes in cap rates is explained, showing a potential significant swing in asset values.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
