The recovery that we’re forecasting for the US, UK and euro-zone commercial property markets is likely to be the weakest on record. Not only is the interest rate outlook fundamentally different to recoveries past, but the office sector will continue to undergo wrenching structural change as hybrid working challenges demand assumptions.
There may be upside risks to our forecasts, but there’s also a concern that this recovery remains disappointing beyond our forecast horizon.
Chief Property Economist Andrew Burrell explained the size and the scope of this anticipated recovery – as well as its upside and downside risks – in this special online briefing.
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