The Mega Trends Shaping the Outlook for CRE

PARK CITY, UT—During a morning session on Friday at the GlobeSt. ELITE Women of Influence 2021 conference here in Park City, CA, keynote Rebecca Rockey, economist and global head of forecasting at Cushman & Wakefield, discussed some of the mega trends that define her CRE outlook. They are cyclical forces, technology, structural trends, and global issues. 

The cyclical forces she pointed to include fiscal and monetary policy, economic reopening and pent up demand. On the technology front, she pointed to loT and 5G, automation, robotics and AI, as well as smart buildings. On the structural trend side, shifting dynamics include demographics, distributed workforce and internet economy. And lastly, on the global issue front, she pointed to climate change, trade and foreign policy.