A research produced by DTZ
Robust economic and population growth continues to drive demand for real estate across all asset classes.
High levels of take up and demand is driving down vacancy rates in the commercial sector and increasing the potential for rental inflation in 2014.
The expanding population is creating strong demand for residential property, which combined with delays in new stock reaching the market is creating rental growth.
Hotel performance metrics have stabilised primarily due to delays in new product reaching the market.
The retail real estate market remains relatively stable with continuing delays in construction restricting the growth in new mall space.
Source : DTZ (Groupe UGL)