2022 Global Predictions Whitepaper

In the past year, more than nine billion doses of coronavirus vaccines have been administered, in at least 197 countries worldwide according to the BBC and Oxford University. While scientists, researchers, and physicians demonstrated noteworthy progress in responding to the considerable health challenges posed by COVID-19, the virus continued to impact every corner of the planet.

In turn, the global economy and space markets demonstrated uneven signs of recovery. While select countries such as the United States were able to ultimately regain pre-pandemic economic activity, questions abound on the implications for some of the hardest-hit property sectors worldwide such as hospitality. Demand for warehouses boomed while office leasing and occupancy remained bumpy