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Recovery in global economy and commercial real estate progresses, despite concerns about COVID-19 and inflation
Research - AUGUST 3, 2021

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Recovery in global economy and commercial real estate progresses, despite concerns about COVID-19 and inflation

by Released

The global economic recovery has begun to hit its stride in most regions, with workforces in many countries planning to return to the office in second half 2021, transaction activity increasing and strong gains forecast for investment in sectors including industrial/logistics and multifamily, according to CBRE’s 2021 Global Midyear Market Outlook.

COVID-19 variants, rising global debt and the possibility of sustained high inflation are the key risks to the economy and commercial real estate during the next 12 months. Still, CBRE forecasts that the economic momentum from pent-up demand, government stimulus and reopening will eclipse those factors.

CBRE foresees peak growth in GDP for the Americas and Asia Pacific this year, led by the United States and China, with gains of 7.1 percent and 8.2 percent, respectively. Europe is predicted to reach its strongest GDP growth in 2022, which will help to sustain the fast-paced global recovery. Globally, the industrial/logist

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