Economy
Tariffs and related policy uncertainty will result in slower growth and renewed inflationary pressures in the second half of 2025, but a recession will be avoided. We expect that policy—both in terms of trade and Fed rate cuts—will shift favorably by year end, laying the groundwork for a stronger economic rebound in 2026.
Capital Markets
Despite base-rate volatility, improved buying conditions and stable debt costs are boosting investor confidence, driving more transactions and support for future valuations.Industrial
Industrial demand will remain subdued in 2025 as supply chains react to shifting trade policies, but long-term trends like e-commerce growth and increased manufacturing position the sector for resilience and growth.Multifamily
Demand remains strong, with net absorption expected to match pre-pandemic averages over the next three years, showing the sector's stability amid weaker economic cycles.Office
Although aggregate vacancy rates have not yet peaked, the office market is showing early signs of recovery, with sublease availability improving and flight-to-quality trends helping stabilize a growing portion of the market.Retail
Tariffs will have a net negative impact on tenant demand, but limited new construction and consumer resilience will mitigate disruptions to the fundamentals beyond the next several quarters.Alternatives
Demand is growing in alternative sectors like senior housing, data centers (especially in emerging markets) and built-to-rent, driven by structural demographic and economic shifts.Insights
Research • Workplace
REWORKING the Office Asia Pacific
Research • Economy
Where Do U.S. Property Values Go From Here?
Article • Investment / Capital Markets
APREA Webinar Capital market Outlook
APREA Webinar Capital market Outlook
Insights
In this report we take a look at where those green shoots of opportunity are emerging, our view on the second half of the year and how investors, landlords, and tenants alike should make real estate decisions in this environment.
Insights • Economy
Global Economy Reopening Tracker
The Cushman & Wakefield Global Economy Reopening Tracker provides a vantage into the changing landscape of economic and social activity across major markets around the world. While the dynamics and details of reopening vary from city-to-city and country-to-country, governments, health organizations and businesses are working together to reopen multiple sectors of the global economy to enable employees and citizens to reenter workplaces and venues.
Research • Economy
Coronavirus Impact on Global Property Markets
Video • Investment / Capital Markets
Greater China Capital Markets Webinar
As the first country affected by COVID-19, what’s the current status of China’s commercial real estate (CRE) market and where is it headed?
In this session our industry experts will discuss the mainland China and Hong Kong market situations and share their insights and analysis on hot topics.