Commercial Observer reports: With all the recent chatter about a potential “currency war” among the developed and emerging economies, and after the chaotic IMF/World Bank annual meeting over the past weekend (October 8-10), there has been little clarity on the subject for globally active commercial real estate investors. In his latest “Lead Indicator” column in the Commercial Observer, Dr Sam Chandan discusses the potential impacts of further easing of monetary policy and “the threat of competitive devaluation” on commercial real estate buyers. While Dr Chandan’s article may be essential reading for both domestic buyers of foreign real estate and foreign buyers of US properties alike, he also has words of caution for policy makers as they face critical decisions that will affect those operating in commercial property markets.
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