The rise of Africa’s economies has been interrupted by recent external shocks, but there remain grounds for optimism over the longer-term outlook.
Are you trying to keep up with the relentless pace of change forced by digital disruption? Battling with increased volatility from uncertain economic growth and geo-political ambiguity? Are you wondering how to best adapt business strategies in 2017 to encourage essential innovation and growth for greater returns and stability?
Discover how macro issues such as open innovation, agility, intelligent automation and human experience at work will enhance real estate performance and impact your ongoing CRE strategy in 2017 and beyond.
Industrial Market Strong Despite a Break From Record Activity
U.S. e-commerce sales grew 15% in Q1 2017 over Q1 2016 and now represent 8.5% of total retail sales. E-commerce will continue to be a driving force for industrial real estate in 2017. At the end of Q1 2017, only 5.4% of the nation’s industrial space was vacant — the lowest rate on record despite 55 million square feet of new supply completing in Q1. Product under construction declined from its record levels at year-end 2016 to 198 million square feet in the first quarter.
Organizations are proceeding with cautious optimism against a background of continuing economic uncertainty. As a result, the flexibility to quickly and efficiently expand or contract space usage in response to changing economic and business conditions is top of mind for corporate real estate executives participating in CBRE’s 2017 Global Occupier Survey. Employee experience in the workplace is an additional area of focus to attract and retain talent, as a generational shift in the labor market is underway.
Reflecting the delayed impact of demonetisation, India’s real GDP grew by only 6.1% in Q1 2017. Considering this modest slowdown to be temporary, most economic forecasters have maintained their projections of growth above 7% over the next two years. Despite recent concerns over layoffs in the technology sector due to automation, we expect the commercial market to remain resilient backed by the sustained expansion plans of major occupiers. The influence of the recent adoption of the Goods and Services Tax (GST) and the increasing interest of investors in the warehousing sector are events to watch for in H2 2017.
This edition features articles addressing influential trends impacting the commercial real estate industry and beyond. A few key topics include gamification and how it will transform the way we work; automated lawyering and how artificial intelligence is no longer a concept, but rather a reality; the gig economy, which has created a new kind of diversity, with full-time permanent employees working side-by-side with freelancers; and much more.
June 2017 Market report of European Offices.
The 2017 edition of The Africa Competitiveness Report comes out at a challenging time for the continent. In recent years, growth in several African countries has been subdued after more than a decade of solid expansion. The slowdown is largely due to the protracted low commodity prices as well as the reduced growth in emerging markets such as China, and in advanced economies. However, this situation has also given impetus to reforms and economic diversification. The strong economic performance of a number of African countries demonstrates Africa’s resilience and brings optimism about Africa’s future growth prospects
Knight Frank's report dicusses Brexit: the future, potential economic consequences, and repercussions on coporate real-estate investment.
Coworking refers primarily to a workplace organization, based on the creation of a collaboration network of workers to encourage exchange and openness, communication, pooling of knowledge and experience. This organization involves a specific approach to real estate, as shared workspaces allow collaborative networks to blossom. Working method and space are therefore closely interlinked, to such an extent that the term are merging.
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