A BRIC built recovery?
 
The BRICs or at least India and China have so far rather successfully negotiated the hazards of the downturn and now along with Brazil have generated substantial domestic-led expansion. Even the Russian market, the most severely impacted by the recession, is beginning to bounce back. In creating this impressive edifice of growth the BRICs have set themselves an interesting challenge - to make it both resilient to any further economic shocks and to ensure its architecture remains welcoming to the rest of the world.

 

This month's edition of Global Market Perspective focuses on the BRIC markets, their different positions in the real estate cycle and the approaches they are adopting to consolidating their roles as key influencers in the global real estate market.