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Savills Takes Stock: Global Real Estate Capital Markets Q3 2025 - Living
"Investment in the global living sector rebounded strongly in the third quarter, supported by a broad-based pick-up in activity across all regions. "
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"Investment in the global living sector rebounded strongly in the third quarter, supported by a broad-based pick-up in activity across all regions. "
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"The logistics market continues to show resilience, with activity levels in Q3 rebounding on a sequential basis after a challenging second quarter, following the spike in uncertainty that followed the ‘Liberation Day’ tariff announcements. "
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"Global investment in offices continued to build on recent momentum in this third quarter, reflecting a significant improvement in sentiment towards the sector. "
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"After a subdued second quarter, global real estate capital markets have shown clear signs of recovery in Q3 2025."
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"The current global economy as we know it can be divided into two states of being; pre- and post-‘Liberation Day’. In the first, growth was steady, if unspectacular. In the second, volatility and uncertainty are the prevailing characteristics. Until there is some clarity over where we land in the wider spectrum of possible scenarios, a period of ‘wait-and-see’ will grip global real estate capital markets."
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"Tariffs cloud the outlook for industrial and logistics"
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"The economics of scarcity supporting offices"

"Taxing times as global economic outlook deteriorates"
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"Tariffs favour ‘beds’ over ‘sheds’"
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"While ‘beds and sheds’ were at the top of the wish list for most investors at the beginning of the year, it may be that ‘beds’ are favoured in a post-tariff world. The industrial and logistics sector, particularly in the US, is likely to see the most disruption from any tariff-induced slowdown in the global flow of traded goods. "