Investors believe inflation will fall over the next year, but they remain pessimistic about the prospects for the global economy.
A survey of fund managers, conducted by Bank of America, found that a net 90% of investors expected global inflation to have fallen within the next 12 months, a record high for the survey.
Yet fund managers are still generally downbeat, with a net 68% expecting a recession next year, although this had fallen from 77% a month earlier.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
