Reitway believes that the bounce in global retail property is overly optimistic

    Reitway Global CIO Garreth Elston said during a webinar that global retail and office property valuations have rebounded this year as investors have picked up depressed assets. In 2020, global retail property lost 21%, and office property declined by nearly 14% last year.

    During the first three months of this year, however, global retail property gained 13%, and world office property rebounded by 6%. 

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    Source: CityWire