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RICS Monitor: CRE Continues to Adjust to Prolonged Monetary Tightening
Manage episode 381740297 series 3180111
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Commercial real estate sentiment across the globe has remained largely unchanged, according to the third quarter Global Commercial Property Monitor survey released by the Royal Institution of Chartered Surveyors in London. The general tone of the results in most parts of the world—for both occupiers and investors—remains quite downbeat, which is not surprising considering the scale in monetary tightening we’ve seen from many central banks, according to Senior Economist Tarrant Parsons.
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