Cushman & Wakefield (C&W) believes 2012 will be a reverse image of 2011. The global economy and real estate markets started out healthy in 2011 and slowed during the second half of the year under pressure from natural disasters and rising uncertainty about the resolution of sovereign debt issues in Europe and the U.S. We expect the opposite pattern of performance this year. The global economy is anticipated to start off slowly, as debt resolution issues remain a concern, and strengthen during the second half as underlying economic fundamentals come to the fore. For real estate markets we anticipate a sluggish beginning to the year followed by improvement during the latter half of 2012.
Source : Cushman & Wakefield