New York's Midtown South, Boston's Back Bay and Seattle's Lake Union are among the markets with "great tenant demand," said Alan Billingsley, head of Americas research for Deutsche Bank AG's RREEF property fund.
"In general, apartment and industrial markets should be less negatively impacted by market fundamentals in the near term, with strong fundamentals in the longer term making them less risky investments," says Alan Billingsley, head of research in the Americas for Deutsche Bank Group's Asset Management investment division, which has more than $67 billion in assets under management.
Apartments: A remarkably strong recovery for apartments is projected between 2011 and 2015, owing much to a slowed new development pipeline.
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