Back to site

©2022. All rights reserved.
Crafted by 4Property.

Declining Oil Prices Impact Global Real Estate Markets

Real Estate Market

According to Cushman and Wakefield report the impact of lower oil prices on economies and real estate markets remains of key importance to the prospects of occupier markets around the World. Locations with a high proportion of oil and gas related output will be the most vulnerable to the oil price decline.

For the UK, the benefits of a broad increase in consumption and the potential for this to positively impact rental growth in the retail sector, plus the boost to the non-oil producing corporate sector via reduced costs are, on balance, likely to outweigh the negative impact on key oil-producing locations.

To read more please visit worldpropertyjournal.com

Pagespeed Optimization by Lighthouse.