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Renewed Momentum Extends Real Estate Cycle
Renewed momentum in the global economy has provided fresh vigour to several real estate markets. Office rental growth is accelerating once again on the back of robust leasing demand, and projections for the full-year have been revised upwards. Improvements are most evident in Western Europe which, together with China, has seen an impressive strengthening of leasing activity so far in 2017. Meanwhile, strong rental uplifts have been recorded in the warehousing sector in both the U.S. and Europe. The weight of capital seeking access to real estate continues to increase, with deal flows in line with the solid levels of 2016.
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Monday, July 31, 2017