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Insurers remain concerned over commercial real estate market downturn – report – Insurance Business America

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There were also additional factors impacting CRE trends such as employment, with the post pandemic period, as well as the rise of remote working set ups, leading to an increase in vacancies in offices found at the center of cities. However, the construction sector has remained resilient, was driven by a rise in productivity, property prices, and persistent low unemployment figures.

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