Flat to slightly down rates ‘the new norm’ for commercial property: RPS
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Flat to slightly down rates ‘the new norm’ for commercial property: RPS

The report flagged “opportunistic underwriting” by many of the major markets.

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Eight months into 2024, the commercial property market has “steadily offered clients rate reductions in almost every geography and every asset class”, Risk Placement Services (RPS) area executive vice president James Rozzi wrote in the wholesale broker’s Q3 2024...

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