Colliers Publishes its 2013 Global Office Outlook

Colliers International has released its 2013 Global Office Outlook noting that the world economy has seen recent headwinds from the smoldering eurozone debt crisis, slowing growth in China’s economy and the forecasted American fiscal cliff.  Yet, our firm’s overall global view of office real estate is moderately positive. Most country economies remain fragile but office buildings in major global cities are seeing consistent demand from both occupiers and investors.  In the United States, we expect U.S. government-leased properties to remain a safe haven for both domestic and foreign capital, further compressing cap rates for long-term leased assets, especially those located in the downtown core of major U.S. cities.