Political upheaval and various election cycles are dominating the headlines, affecting sentiment in global real estate markets and creating uncertainty in the outlook. Global investment and leasing volumes are nonetheless proving resilient and are expected to remain robust during 2017, with a considerable weight of capital seeking real estate exposure. The main impact of uncertainty is on real estate prices, and rental and capital value growth is slowly decelerating. More leasing markets will move into balance during 2017 as the construction cycle peaks, providing renewed opportunities for tenants.
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