A new commercial real estate investment concept has arrived in New York, which is based on purchasing longer leases for office spaces in prime locations and receiving guaranteed rental income on a monthly basis. Returns reportedly begin at 14% and increase to 16%, with 25% asset appreciation, depending on the number of units purchased. Office sharing and letting to co-workers for an all-in fixed fee is another advantage of this investment opportunity, as the US Bureau of Labor Statistics estimates that 65 million American freelancers are projected to make up 40% of the workforce by 2020. Investor confidence remains high in the US real estate market, with $about $5 billion worth of investments made in 2015 alone.
A new commercial real estate investment concept has arrived in New York, which is based on purchasing longer leases for office spaces in prime locations and receiving guaranteed rental income on a monthly basis. Returns reportedly begin at 14% and increase to 16%, with 25% asset appreciation, depending on the number of units purchased. Office sharing and letting to co-workers for an all-in fixed fee is another advantage of this investment opportunity, as the US Bureau of Labor Statistics estimates that 65 million American freelancers are projected to make up 40% of the workforce by 2020. Investor confidence remains high in the US real estate market, with $87bn worth of investments made in 2015 alone.