The View | Resilient Asia shines as global office market sees signs of recovery

London’s Canary Wharf district is staging a recovery and the US office market has averted a crisis, but Asia remains a source of strength

The facts speak for themselves. In 2019, investment transaction volumes in the office markets of central London and the New York borough of Manhattan reached US$17 billion and nearly US$16 billion respectively, according to MSCI. Last year, they stood at between US$2 billion and US$3 billion.

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