The global economy picked up speed in Q3 2017 with above-trend growth in Europe, the United States and Japan. Oxford Economics forecasts that global economic growth will accelerate to 3.6% in 2017 and 3.8% in 2018, from 3.2% in 2016.
Global rent and capital values recorded further growth in Q3 2017 across all property types. Retail rents grew by 0.5% quarter over quarter after declining in the previous four quarters.
Capital values continued to grow faster than rents, with the industrial sector advancing the most.
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