In its first issue of the Global Market Perspective in 2011, Jones Lang LaSalle reports that a commercial real estate resurgence is underway and the market is anticipating the strongest real estate trading and performance since 2007. Barring further financial shocks, the firm is expecting investment volumes to rise by an additional 25 to 30 percent this year, which follows 50 percent growth in 2010.
Market highlights include:
- Business conditions are normalizing
- Real estate markets post strongest performance for two years
- Surge in investment volumes and debt market movement
- Corporate occupier optimism returns, stimulating leasing activity
- 2011-resurgence is the watchword
- Landmark transactions in New York, Boston, London, and Beijing
To read all of the market insights, visit Jones Lang LaSalle.
