RICS Monitor: Global Economic Slowdown Intensifies, Despite Pockets of Hope
Manage episode 353884180 series 3180111
The Royal Institution of Chartered Surveyors’ latest research shows that the higher borrowing costs are really weighing on buyer activity, with the investment market bearing the brunt of the impact of tighter monetary policies across many parts of the world. However, the overall message stemming from the Q4 Global Commercial Property Monitor is that we’re seeing a period of adjustment or a bit of a shakeout in aggregate across global markets, as Economist Tarrant Parsons puts it in Commercial Property Executive’s latest podcast. Press play to hear what Parsons told CPE Senior Editor Laura Calugar in this podcast episode about the CRE sentiment in each world region.