As we move into the final quarter, 2017 is turning out to be a robust year for commercial real estate and, barring any major shocks, 2018 is set for more of the same. Office leasing markets continue to see expansionary activity and are expected to remain buoyant through 2018. Meanwhile, the logistics sector continues to surge ahead with rental uplifts projected in both the U.S. and Europe next year. Investor demand for real estate is unabated with full-year 2017 investment activity on pace to match last year, although volumes are likely to soften marginally in 2018 due to a shortage of product and investors exercising late-cycle caution.
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