The main topic of the report is the office real estate market.
Key findings include: The return of employees to offices is increasing demand for office space. Positive dynamics of net absorption of office space in the fourth quarter of 2024. Rental volume growth of 17.6% year-on-year, approaching pre-pandemic levels. The 'Flight to Quality' trend with increased demand for 'trophy' and 'A' class office spaces. Reduction in new office construction and increase in conversions and demolitions of existing spaces. Decrease in office construction in the US to below 30 million square feet for the first time since 2011.