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PGIM Investments: The Comeback of Cities

PGIM Investments: The Comeback of Cities

Despite initial concerns about major cities’ resilience to the pandemic — that envisioned various temporary upheavals, including a switch to remote working as workplaces closed and an associated shift in preferences toward suburban living that offered more space and more amenities — mainstream property types in city-centre areas are now reporting rising demand and are seeing signs of improved rental growth.

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