Despite slight easing of demand across some sectors, positive fundamentals in the economy point to modest improvement in commercial real estate activity.
Despite a slight easing in office demand in 2001, 70 % of the 4.5 million sq. ft. of office space slated for delivery in 2001 is already pre-leased.
However,
despite this slight easing of pressure, skill shortages remain a persistent issue and one that requires the immediate attention of businesses, governments and educational institutes.