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The Chief Executive India & South East Asia and APAC Tenant Representation, Cushman & Wakefield, said the housing demand would continue to be strong in view of high economic growth and a growing desire to own homes among consumers.
What we are seeing is that the physical risks to built assets increase over time under climate change, and are particularly more pronounced in scenarios where global warming is allowed to accelerate," said lead author Philip Tapsall.
Shares of the company were down as much as 3% after executives said that they expect current-quarter comparable sales decline to be in line with the first quarter.
Commercial property owners globally have been hit by emptier post-pandemic offices and soaring borrowing costs, squeezing many property investments and sending valuations tumbling.
RomaEst, the Italian capital's second-largest shopping centre after Porta di Roma, which is also the country's biggest mall, will mark Klepierre's second acquisition in less than six months after O'Parinor in Paris.