Global Real Estate Capital Markets 2024: A Resilient Outlook
- 2023 Recap: Despite a strong economic climate, real estate markets experienced a downturn, with a ‘wait-and-see’ approach prevailing due to persistent high interest rates.
- 2024 Forecast: Optimism is on the rise with expectations of a mid-year pricing bottom-out and a recovery in the latter half, driven by robust fundamentals and easing interest rates.
- Investor Insight: Private investors gained market share, adapting to the dislocation and showing resilience. Institutional buyers faced subdued activity but remain net buyers in Asia Pacific markets.
- Market Dynamics: The US faced a significant investment decline, while Europe saw a pullback from cross-border investors. However, both regions are poised for a recovery, supported by strong fundamentals and anticipated policy shifts.
For a detailed perspective, dive into the full report which navigates through the complexities of the current cycle and outlines the silver linings that signal a brighter horizon for investors.