Rent growth in the sector has been offset by rising incomes for that category of units

Other metrics, though, show that the Delta variant has had an adverse impact on the sector.

Asking rents hit an average of $986, while the national vacancy rate declined by 0.1% in the second quarter to reach 2.5%.

Supporting high volumes requires brick-and-mortar locations to accommodate a range of distribution and fulfillment options.

Green bonds are showing larger spread compression during the book-building process.

High-quality and high-potential office assets have maintained investor appeal throughout the pandemic.

Tourism in New York City and San Francisco has been slow to recover from COVID slumps, a phenomenon that could be attributed to the decline of business travel.

However, tenants and owners alike are "still trying to figure out what happens" beyond the next six months, and most are expecting less demand in the short term.