"Despite price adjustments and continued uncertainty, an ongoing lack of supply is expected to maintain pressure on rental values across many locations over the coming year"

"The final quarter of 2024 marked a continued readjustment to more seasonal patterns of growth across the prime rental markets"

"Drivers of demand are multifactorial. Business growth is important, but is not the whole story"

"Market conditions viewed as slightly improved, but occupiers continue to face diverse and evolving operational challenges"

"Positive overall sentiment but many challenges on the horizon"

"Supply chain evolution ongoing – with technological adoption, ESG, and power availability at the forefront"

"Investors cautiously optimistic, and well-aligned with occupiers"