Global economic confidence continues to improve as credit availability expands, industry fundamentals strengthen and companies focus on growth.
There’s no question that stubbornly high global unemployment, the ongoing crisis in Europe, decelerating growth in key emerging markets and fiscal challenges in the US are causing global real estate owners, investors and corporate occupiers to step back and re-evaluate. However, there are many positive developments worth highlighting as some real estate sectors start to show visible signs of improvement.
Please find attached the entire EY study.