戴德梁行：2025年欧洲、中东和非洲地区经济及商业地产中期展望报告（英文版）

Near-term growth outlookdowngraded as weakening forwardindicators point to softer momentumahead. Lower rates and fiscalsupport may help stabilise growth.Market volatility and bond yieldfluctuations are impacting pricing andinvestor strategy. Still, historicalresilience durng periods of marketdislocation suggest potential forrecovery and outperformance asconditions improve into 2026Office leasing activity has slowedthough demand remains focusedon high-quality space in coreCBDs.Occupiers are ex