Are you curious about the future of commercial real estate? Despite the current pandemic, things are looking up for commercial real estate in 2022. In this article, we explore the top 5 predictions for the industry.
Whether you’re an investor, business owner or tenant, it’s important to stay ahead of the curve in order to make informed decisions about your future. Read our article to learn more about what to expect in 2022 and beyond. Click here to read our predictions for commercial real estate in 2022!
Multifamily & Industrial recovery
In the next few years, commercial real estate will experience a major rebound. Commercial real estate is always an interesting investment opportunity due to its potential for growth and stability. Despite some recent setbacks, the market looks poised for a recovery in 2022. If you’re looking for a solid investment that will weather any storm, commercial real estate is definitely worth considering. With interest rates still relatively low, this could be the perfect time to get into the market.
Retail will continue an uneven roll
Most people are buying more things online due to the pandemic period. In this case, the brick-and-mortar retailers are down, but in 2022 most people will buy the product directly from the sellers because the product sizes, fit, and appearance are very important.Retail sales increased both in-store and online. 2022 will be a big year for retailers as they make a comeback!
Industrial real estate will remain hot
Warehouses are in high demand due to the growth of ecommerce. Retailers are expanding their distribution facilities to meet the needs of their customers.
As a business owner, you need to stay ahead of the curve and have a plan for your future. That’s why it’s important to keep an eye on the industrial real estate market – so you can make decisions that will benefit your business down the road.
Office Real Estate
The office space rent growth is slightly negative in 2022. This may be surprising to some, but the continued emphasis on working from home along with the consequences of the big resignation will reduce the need for office space in 2022. In fact, many companies have started to bring people back into the office, but those who haven’t are quite long due to the continued uncertainty of COVID-19.
Despite this news, there are still opportunities in the market for those looking to invest in office space. Office Real Estate is committed to finding you the best property deals and ensuring that your investment is a sound one.
Housing market will be strong
More and more people are wanting to buy or rent a home, and the market is only going to get stronger in the next few years. Forbes has predicted that both rental and home buying demands will stay strong throughout 2022. People want more space when they’re working from home during an epidemic, so both the rental and ownership markets are seeing an increase in demand. If you’re looking for a place to live, now is the time to invest in the housing market!