Global real estate markets are still coming to terms with the economic fallout from the pandemic, but showed a strong performance in the first quarter, driven by the industrial sector. In Europe, the vaccine rollout is finally gathering steam, giving hope that some degree of normalization can be achieved in the second half of the year. In the US, markets are all starting to move, and investors should gain insight from increasing comparable leases and sales. While in APAC, growth prospects have been largely based on the resumption of global demand.

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