realestate

Commercial property market shows slow recovery

Sector begins recovery from two-year downturn in late 2024

A
Briefing on the Week's Developments

    In a surprise move, US President Donald Trump has temporarily put his tariffs on Mexico and Canada on ice. Meanwhile, commercial property investment is slowly recovering from a two-year downturn, with investors increasingly opting for flats and hotels over offices.

    Eurozone inflation unexpectedly surged to 2.5% in January, marking a significant uptick. This news comes as the French AI company Mistral struggles to make its mark, raising questions about whether it has missed its moment to challenge US tech giants.

    Key stories from this episode include:

    * A 30-day reprieve on tariffs between Trump and Trudeau

    * The resurgence of commercial property investment in Europe

    * Eurozone inflation's unexpected spike

    The FT News Briefing is brought to you by a team of dedicated producers, including Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional support comes from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann.

    Our engineer is Joseph Salcedo, with Topher Forhecz serving as the FT's executive producer. Cheryl Brumley oversees global audio operations, while Metaphor Music provides the show's theme song. Read a transcript of this episode on FT.com or explore our accessibility guide for more information.

Commercial property market slowly recovers in major cities worldwide, with cautious optimism.