Overall, real estate markets are in good shape in 2019, according to CBRE’s 2019 Global Real Estate Market Outlook report.
Here are three key reasons why:
- Economic growth will pick up throughout 2019 despite uncertainty. Consumers and businesses remain confident and U.S. interest rates will remain unchanged for the time being. China is stimulating and growth will improve in Europe, especially if the U.K. leaves the EU with a mutually acceptable deal.
- The surge of new buildings in the industrial, office and multifamily sectors over the last few years is not speculative, but a more controlled rise that matches the increase in demand from a decade of economic growth and expansion.
- Technology is redefining office space. The revolution in office interiors — driven by tech companies seeking to retain talent and maximize creative interaction as well as coworking operators using big data to balance workspace and social space to maximize productivity — is generating buzz around the office sector, stimulating an upsurge in investor interest.
You can find the full report here.
