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Inflation Impact Muted on Commercial Real Estate: Report
Commercial real estate landlords and tenants should be relatively insulated from the soaring inflation ravaging the wider economy, according to the commercial real estate services firm Cushman & Wakefield. So reports the Commercial Observer.
In a report, Cushman & Wakefield notes that commercial real estate’s long-term deals and fixed costs ought to limit the impact from inflation, although surging construction costs will have an effect.
“Planning further in advance is more important than ever,” wrote Rebecca Rockey, Cushman’s global head of economic analysis and forecasting, and James Bohnaker, a Cushman senior economist, in the report.
Read the full article from Commercial Observer.