X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Sentiment in the CRE community is clearly on the declineand for good reasonbut the Omicron variant’s gradual fade, as well as the rollback of government restrictions across Europe, should give CRE investors cause for optimism in 2022, according to Cushman & Wakefield’s chief economist. 

“Just weeks into 2022, we have reasons to be cautiously optimistic, which bodes well for the property markets,” Kevin Thorpe says in a new report. In several global markets, Omicron has entered a seemingly sustained pattern of plateau and decline. In Europe, some of the first markets hit by the new strain, governments are starting to roll back restrictions and mandates, ushering in a new phase of a return to something closer to pre-pandemic life. With many calling for COVID-19 to be treated as endemic, we’re optimistic that the disruption we’ve seen in markets across the world will further abate in 2022.”  

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt Net Lease Fall 2022Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.