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RICS Monitor: The Worst Is Behind Us, CRE Players Believe
Manage episode 431222916 series 3180111
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Investor and occupier sentiment across the globe is still recovering, with no major changes from the first quarter of the year. This is the main trend stemming from the most recent Global Commercial Property Monitor survey released by the Royal Institution of Royal Surveyors in London. A growing number of CRE players sense that the market has reached the bottom of this cycle or is very close to reaching that level.
In this podcast episode of our RICS Monitor quarterly series, Senior Economist Tarrant Parsons told Commercial Property Executive Senior Editor Laura Calugar that the mood that stems from the organization’s latest survey is that the worst is now behind us.
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