Despite lingering concerns about COVID-19, inflation, and rising interest rates, we anticipate strong demand this year from occupiers and investors in commercial real estate. While the Omicron variant’s rapid spread will continue to temper economic growth in the first quarter, a rebound in the service sector will produce substantial tailwinds to support an economy coming off an extremely robust year due to unprecedented fiscal stimulus.
The multifamily and industrial sectors will stay hot, while an improving health situation will spur the long-awaited return to the office. Investment activity is also expected to remain strong. Finally, retail sector investment will gain new momentum as we return to a more normal way of life.
Download the report.