Global real estate market stabilization to take hold in return to relative rationality
The stabilization of the global real estate market will take hold by mid-2023, according to Colliers’ 2023 Global Investor Outlook report. Despite the volatility of geopolitical tensions, economic shocks and uneven monetary policy during the past year, countries (including the United Kingdom and United States) already have witnessed a rapid pricing reset, though this hasn’t been universal. Investors can expect significant differences in how the reset plays out across sectors and markets in 2023.
Asia Pacific investors to raise exposure despite challenges