Commercial real estate had a banner year in the Americas but headwinds are likely to moderate expansion for 2022, says a new report from CBRE.
"Another year of investment growth is expected in 2022, albeit at a more moderate pace than in 2021," said Richard Barkham, Global Chief Economist for CBRE. "Continued economic growth and low interest rates will fuel investment activity. Headwinds, such as rising inflation, geopolitical tensions and the potential for a COVID-19 resurgence, may cause some jitters in Q1 2022."
CBRE estimates that annual global investment volume will increase by roughly 8% in 2022, Barkham added.
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