Leading up to the end of 2021, all eyes were on the pandemic’s resurgence, this time in the form of the Omicron strain. For many businesses, this meant a delay to return to office plans, and it dampened consumer activity and fed global supply chain woes. However, just weeks into 2022, we have reasons to be cautiously optimistic, which bodes well for the property markets.
In several global markets, Omicron has entered a seemingly sustained pattern of plateau and decline. In Europe, some of the first markets hit by the new strain, governments are starting to roll back restrictions and mandates, ushering in a new phase of a return to something closer to pre-pandemic life. With many calling for COVID-19 to be treated as endemic, we’re optimistic that the disruption we’ve seen in markets across the world will further abate in 2022.
Here are 10 key areas we believe are worth watching closely as occupiers and investors consider their evolving real estate strategies.
|1. The pandemic||6. Multifamily household formation|
|2. Global supply chain||7. Investor diversification|
|3. Inflation inflection||8. Sustainability shifting to the forefront|
|4. GDP growth||9. Confidence in the office market|
|5. Industrial supply||10. Retail rebounding|
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