The CIPS/Markit PMI for November showed a slight slowdown in the pace of growth in commercial property construction. Looking ahead, given very weak economic prospects, the risks to occupier demand, development activity and rental values would all seem to be tilted strongly to the downside.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services