Commercial property investment is on the rise as investors look for quality assets to include in their portfolio. Driven by a resurging economy & an exponential growth in the Job Markets, United States of America (USA) has been typically the most favored commercial real estate markets across the globe. In 2016, research agencies have pointed to a sharp increase in occupancy levels, especially in New York, USA. In the city, that is also touted amongst one of the few truly global cities, Majority of the office deals are happening in Manhattan where investors are expecting better rents from their properties. Colliers International in a report, published in May 2016, has highlighted a significant increase in average asking rent (year on year) in Manhattan. From $68.04 in May, 2015, the average asking rent has risen t0 $73.03 this year according to this report.
Five Reasons to invest in a Co – Working Office Unit
1) According to a research, in past five years, co – working spaces have shown a growth rate of 100% across the globe.
2) Well structured, investment products – They offer more transparency and lay all the terms in a clear and concise way. Commercial property segment is highly organized form of real estate investment.
3) The United States Bureau of Labor Statistics has said that by 2020 some “65 million Americans will be freelancers, temps, independent contractors and solopreneurs, making up about 40% of the workforce”. This opens up a wealth of opportunity in investing in co – working spaces.
4) Increasingly, major players are coming up with investment plans which require nominal capital and regular returns providing a reliable income stream to investors.
5) Clearly defined exit strategy for investors makes it easy for investors to exit project with decent returns on capital invested.
