
Economic Headwinds, Geopolitical Uncertainty Weigh on CRE Execs’ Optimism
Commercial real estate executives remain optimistic about overall market conditions in spite of growing economic headwinds and geopolitical uncertainty, according to The Real Estate Roundtable’s Q2 2022 Economic Sentiment Index. The index registered an overall score of 51, a decline of 15 points from the previous quarter yet still in positive territory.
“The decline in this quarter’s Real Estate Roundtable Sentiment Index reflects concerns regarding inflationary pressures, interest rate increases, labor shortages and supply chain disruptions,” said Jeffrey DeBoer, Roundtable president and CEO. “Even so, the overall sentiment of commercial real estate industry senior executives remains positive.
“Businesses and individuals continue to rethink how real estate meets their evolving working, living and traveling preferences,” he continued. “Building owners, managers and financiers across the nation are partnering with their business and residential tenants to respond, while also pressing forward in developing and redeveloping buildings to be greener, smarter, and more efficient.”
- ◦Economy