News
DC Gives Foreign Investors Best Bang for Their Buck
June 24, 2015
We warned you not to panic about the supposed decline of DC in the eyes of foreign investors, and we were right. A new report found that DC office properties over the past 20 years have netted an annualized return above 10%. That's a better ROI than the national office rate and the S&P 500 over the last decade, according to a report co-authored by NGKF's Greg Leisch and Sandy Paul. DC's ROI of 10.08% nearly doubled the rate of return on capital government bonds over the same time frame. Even investments like Norges Bank's purchase of PNC Place for more than $1k/SF don't seem so crazy when considering the District's ROI.
