Colliers Quarterly Reports for Q1 2022 14 April 2022
The Colliers Quarterly Reports for Q1 2022 reported that market uncertainties delay decision making and curtail transaction volume ahead of expected H2 recovery. Total investment volume slowed down along with the more stringent social-distancing rules in place since late January. Looking ahead, Colliers expects the investment market to remain slow in Q2 but believes market momentum and activities will likely improve in H2 2022. Office space demand weakened in Q1 2022, largely due to inspection activities being held up, resulted in the overall vacancy rate climbed slightly to 10.9% in the quarter.
