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Certain asset classes like hospitality and multifamily can respond quickly to inflation since leases tend to be shorter.
"When it comes to e-commerce, there is Amazon and then there is everyone else."
By the end of 2021, Colliers believes that two-thirds of all law firms will be more than 50% occupied.
2021 has been a banner year for multifamily rent growth.
Prices sank for CBD offices but the main office index increased owing mostly to suburban price upticks.
April 2021 investment activity was 18% below pre-pandemic numbers.
But asking rents remain firm and the rate at which new sublease space is coming to market appears to be slowing.
One analyst cautions builders to avoid locking in any long- or medium-term prices at current levels.
"Some experiential spending is already coming back strong, as consumers do more."
"Recent transaction data continues to prove that buyers are not shying away from spending top dollar on high-quality, high-potential office assets."