Robust economic and population growth continues to drivedemand for real estate across all asset classes.
Equilibrium in supply and demand has created a foundation for stabilised rentals in the commercial office sector.
The expanding population is creating strong demand for residential property, which combined with delays in new stock reaching the market is creating rental growth.
A significant development supply pipeline of hotel/serviced apartment keys is the main source of a continued pressure on key hotel performance metrics despite growing demand.
The retail real estate market remains relatively stable with continuing delays in construction restricting the growth in new mall space.
Source : DTZ (Groupe UGL)