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Global Commercial Property Monitor Q4 2022 [Electronic resource]

By: Contributor(s): Language: English Series: RICS Global Commercial Property Monitor ; Q4 2022Publication details: London, Royal Institution of Chartered Surveyors, 2023Subject(s): Online resources: Summary: A rise in interest rates and generally downbeat economic conditions led to a decline in the Global Commercial Property Sentiment Index (CPSI) towards the end of 2022 (-11 in Q3 to -15 during Q4). However, sentiment is still less negative than during the recent pandemic and in the aftermath of the Global Financial Crisis, when the Global CPSI reached a low of almost -40 in the first case, and close to -50 in the second.
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A rise in interest rates and generally downbeat economic conditions led to a decline in the Global Commercial Property Sentiment Index (CPSI) towards the end of 2022 (-11 in Q3 to -15 during Q4). However, sentiment is still less negative than during the recent pandemic and in the aftermath of the Global Financial Crisis, when the Global CPSI reached a low of almost -40 in the first case, and close to -50 in the second.