Reported about 13 hours ago
CBRE's Richard Barkham discusses the diverse landscape of commercial real estate (CRE), highlighting its components beyond office spaces, such as industrial, retail, and residential properties. Despite challenges in the office sector with rising vacancy rates, he forecasts a new cycle of economic growth starting in 2025, driven by increasing demand for data centers due to artificial intelligence and strong rental demand for apartments. Barkham remains optimistic about office leasing trends, despite the ongoing struggles within that segment.
Source: YAHOO