“Rapid increases in interest rates over the past year have meant that lower pricing on acquisitions is necessary to achieve healthy returns. This is before factoring in the risk premium associated with market uncertainty that keeps many buyers on the sidelines,” said Tom Edwards, Global President of Valuation & Advisory Services for CBRE. “We believe that cap rates will peak later this year and that price discovery over the next three to six months will narrow the dislocation between buyers and sellers, and lead to higher transaction volume.”" "https://lnkd.in/gFdRj8_V.