The US economic recovery has begun. Cushman & Wakefield expects the recovery to be robust with substantial job growth in 2010.
While it will be several years before the US economy regains all the jobs lost in the 2008-09, C&W is optimistic that the expansion will be healthy and sustainable.
By Ken McCarthy, Managing Director, US Research Services
A mix of relatively attractive pricing, improving confidence, low interest rates, along with the search for productivity gains or new market-share should lead to opportunities for focused and well-funded businesses. For occupiers and investors, 2010 should see greater confidence leading to more activity.
By David Hutchings, Partner, Head of the European Research Group
Listen to David Hutchings, Partner, Head of the European Research Group, explain how a mix of relatively attractive pricing, improving confidence, low interest rates, along with the search for productivity gains or new market-share should lead to opportunities for focused and well-funded businesses. For commercial property occupiers and investors, 2010 should see greater confidence leading to more activity.
Listen to Choonbeng Ang, Director, Research & Business Analytics, Asia Pacific, tell how economies throughout Asia-Pacific, especially China, appear ready to enjoy healthy growth. This will spill over into real estate assets, benefiting both end-users and investors. This is good news for asset owners and, coming after steep drops in rents in 2009, real estate users should still be paying rents much lower than they were in early 2008.
Ken McCarthy, Managing Director, US Research Services explains why he thinks the US economic recovery has begun. Cushman & Wakefield expects the recovery to be robust with substantial job growth in 2010. While it will be several years before the US economy regains all the jobs lost in the 2008-09, C&W is optimistic that the expansion will be healthy and sustainable.