
CRE UNCERTAINTY AHEAD - DELOITTE'S 2023 FORECAST
Unsurprisingly, global real estate leaders have mixed expectations for the year ahead. A new survey of 450 commercial real estate leaders offers these insights: 40 percent say revenues should increase. While 48 percent see revenues decreasing. Just 12 percent expect no change. As you might expect, last year's survey results were much more optimistic: 80 percent expected revenue increases in 2022. Now, however, 33 percent of respondents are planning to cut costs compared to la