The push for yields will mean deeper inroads into markets outside the usual suspects in 2014, DTZ says in its Capital Markets Update issued Wednesday. “Many investors will take a harder look at the Texas, Oregon and Washington markets as the year progresses,” according to DTZ’s report, which cites Dallas, Houston—both of which are leading the recovery—as well as Seattle, Sacramento and Portland, OR.
Cross border investors in particular will have their eyes on these markets “in an effort to spread risk and improve returns as they continue their investments in the Americas,” DTZ says. Another driver, the report says, is a need to diversify portfolios and asset classes.
Read more...Push For Yield Will Lead to Secondary Cities in 2014 - Daily News Article - GlobeSt.com