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metlife forecasts improved commercial real estate outlook for 2025

MetLife's CFO, John McCallion, forecasts a positive outlook for commercial real estate in 2025, driven by improving returns and favorable economic conditions. He noted that the sector, excluding office spaces, appears to have reached its lowest point, supported by healthy growth and stronger transaction activity. In the third quarter, MetLife sold five properties, generating gains between $120 million and $150 million.
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