Real estate needs more assets to meet the growing rental demand

Real estate needs more assets to meet the growing rental demand

 

This is highlighted by the report Global Commercial Property Monitor, prepared by RICS, related to the first quarter of 2018. This report takes the pulse of the real estate market, nationally and internationally, according to the projections of more than 1,700 professionals.

Within the national market, 59% of surveyed said they have perceived a grow in rental demand, especially in the office, industrial and retail sectors, which has resulted in a decrease in availability in all areas, with a net balance of -25%, the largest drop in the last 12 months.

Consequently, the Occupier Sentiment Index, which indicates the difference between surveyed who think that a variable has improved or worsened regarding the previous period, has shown a balance of +39, which is a slight increase compared to the already good figure of the last quarter (+37).

Despite the good moment reflected in the index, growth projections have moderated slightly, and although the main sectors are expected to experience a strong rental growth during the next year, it is also expected that the evolution will follow a more flat trend in secondary spaces.

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