
Middle East Conflict Fuels Inflation and Slump in European Property Sector
The conflict in the Middle East is contributing to inflation in the European property sector, with construction of new office space at a decade low despite record-high rents in prime locations.
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Inflation expected to remain at 3% before Middle East conflict sparks jump
Analysts are expecting CPI to have held relatively steady in February, or dipped slightly, from the 3% level recorded in January.
By Anna Wise
Read full article →Middle East conflict risks fueling inflation in property sector
Construction of new office space in Europe has slumped to its lowest in a decade, even as rents in prime locations hit record highs, research shows, deepening a supply crunch that is forcing many occupants to stay put. The conflict in the Middle East poses further risk to the sector’s outlook as rising energy prices […]
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