{"id":1004565649,"date":"2022-02-02T01:07:16","date_gmt":"2022-02-02T09:07:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004565649"},"modified":"2023-01-30T06:34:46","modified_gmt":"2023-01-30T14:34:46","slug":"real-estate-sentiment-keeps-improving-but-omicron-still-poses-risks","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/real-estate-sentiment-keeps-improving-but-omicron-still-poses-risks\/","title":{"rendered":"Real Estate Sentiment Keeps Improving, but Omicron Still Poses Risks"},"content":{"rendered":"<iframe src=\"https:\/\/embed.podcasts.apple.com\/us\/podcast\/real-estate-sentiment-keeps-improving-but-omicron-still\/id1552202952?i=1000549752534&amp;itsct=podcast_box_player&amp;itscg=30200&amp;ls=1&amp;theme=light\" height=\"175px\" frameborder=\"0\" sandbox=\"allow-forms allow-popups allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" allow=\"autoplay *; encrypted-media *; clipboard-write\" style=\"width: 100%; overflow: hidden; border-radius: 10px; background: transparent;\" ><\/iframe>\n<div id=\"attachment_1004527994\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Tarrant-Parsons-1-1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004527994\" data-attachment-id=\"1004527994\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/global-economy-keeps-improving-but-momentum-is-slowing\/tarrant-parsons-1-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Tarrant-Parsons-1-1.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Alexander Caminada&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Tarrant Parsons. RICS. London. United Kingdom.&quot;,&quot;created_timestamp&quot;:&quot;1548685400&quot;,&quot;copyright&quot;:&quot;Copyright Alexander Caminada 2019&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Tarrant Parsons. RICS. London. United Kingdom.&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Tarrant-Parsons-1-1\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Tarrant Parsons, Senior Economist, RICS. Image courtesy of RICS&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Tarrant-Parsons-1-1.jpg?w=800\" class=\"wp-image-1004527994 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Tarrant-Parsons-1-1.jpg?w=300\" alt=\"global commercial real estate markets\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Tarrant-Parsons-1-1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Tarrant-Parsons-1-1.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Tarrant-Parsons-1-1.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004527994\" class=\"wp-caption-text\">Tarrant Parsons, Economist, RICS. Image courtesy of RICS<\/p><\/div>\n<p>In the final three months of 2021, sentiment among real estate professionals around the globe continued to improve for the sixth consecutive quarter.<\/p>\n<p>The recovery is most pronounced in the Americas\u2014with the U.S. seeing the sharpest acceleration in demand growth from both occupiers and investors since the first quarter of 2016\u2014followed by the Middle East and Africa, and Europe. Asia Pacific is the only region that stands out as lagging the rest of the world.<\/p>\n<hr \/>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/office-leasing-strategies-for-the-new-landscape\/\">Office Leasing Strategies for the New Landscape<\/a><\/p>\n<hr \/>\n<p>The latest <a href=\"https:\/\/www.rics.org\/contentassets\/001e4ecdcb91449c8a295bd1c4f007b2\/q4-2021-gcpm-headline-report.pdf\" target=\"_blank\" rel=\"noopener\">Global Commercial Property Monitor<\/a> published by the Royal Institution of Chartered Surveyors in London also points out the significant shakeup across the office sector. Almost one-third of the respondents across the globe no longer view office space as being essential for a company to operate successfully, while four fifths of those contributing to the survey noticed a rise in demand for flexible and more local workspaces.<\/p>\n<div id=\"attachment_1004542165\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004542165\" data-attachment-id=\"1004542165\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/a-mid-market-lenders-take-on-capital-trends\/image-by-gerd-altmann-via-pixabay-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg\" data-orig-size=\"1810,1357\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Improvingsentiment\" data-image-description=\"&lt;p&gt;https:\/\/pixabay.com\/illustrations\/dollar-exchange-rate-world-economy-544949\/&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Image by Gerd Altmann via Pixabay.com&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg?w=1024\" class=\"size-medium wp-image-1004542165\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg?w=300\" alt=\"Dollars and ascending arrow\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg 1810w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Image-by-Gerd-Altmann-via-Pixabay.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004542165\" class=\"wp-caption-text\">Image by Gerd Altmann via Pixabay.com<\/p><\/div>\n<p>Toward the end of this episode of our quarterly RICS podcast series, Economist Tarrant Parsons also talks to Commercial Property Executive Senior Editor Laura Calugar about concerns around the spread of the latest COVID-19 variant, <a href=\"https:\/\/www.commercialsearch.com\/news\/inflation-fears-and-commercial-real-estate\/\">inflation<\/a> and the potential economic impact of a military intervention in Ukraine.<\/p>\n<p>Here are the main topics Parsons covered with CPE:<\/p>\n<ul>\n<li>Sentiment indicators among occupiers and investors (0:46)<\/li>\n<li>Changes in the office sector (3:22)<\/li>\n<li>Capital and rental values (5:53)<\/li>\n<li>Reasons of concern (7:27)<\/li>\n<li>Q4 survey results for North America, Asia Pacific, the Middle East and Africa, Europe (9:10)<\/li>\n<li>The situation in Ukraine and its potential impact on CRE (14:55)<\/li>\n<li>Expectations for the first quarter of 2022 (16:20)<\/li>\n<\/ul>\n<p><em>Don\u2019t forget to follow CPE\u2019s podcasts on <a href=\"https:\/\/open.spotify.com\/episode\/5uRBoMcuJ6uaoNqCEDbAYR?si=gIGVhzOERAGUx0BZkusrxw\">Spotify<\/a>\u00a0and\u00a0<a href=\"https:\/\/podcasts.apple.com\/ro\/podcast\/unearthing-the-benefits-of-geothermal\/id1552202952?i=1000541094885\">Apple Podcasts<\/a>!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this podcast episode, RICS Economist Tarrant Parsons shares insights on how global CRE markets ended 2021.<\/p>\n","protected":false},"author":238,"featured_media":1004542165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"audio","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,23891,21795],"tags":[33936,43061],"class_list":["post-1004565649","post","type-post","status-publish","format-audio","has-post-thumbnail","hentry","category-international","category-national","category-podcasts","tag-rics","tag-tarrant-parsons","post_format-post-format-audio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Real Estate Sentiment Improves, Omicron Still Poses Risks - CPE<\/title>\n<meta name=\"description\" content=\"In this podcast episode, Royal Institution of Chartered Surveyors Economist Tarrant Parsons reveals how global CRE markets ended 2021.\" 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