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Markets back on track after jittery first quarter
The world’s dominant commercial real estate markets appear to be back on track following a jittery start to the year. Stock market volatility, heightened global economic uncertainty and concerns over a China slowdown certainly made investors and corporate occupiers think more carefully in Q1; but, by and large, decisions were being delayed rather than postponed. Recovery in investor sentiment since the mid-February low has been swift and there remains a huge amount of capital targeting real estate assets. Meanwhile leasing markets held up reasonably well during the quarter, and with sentiment improving, corporate activity is likely to ramp up during the course of the year.
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Friday, April 29, 2016