NEWS
2024 OUTLOOK
14th February 20242024 outlook: Europe's property market set for revival, driven by AI and tourism growth. Key factors include potential interest rate cuts, ECB and BoE actions, and economic recovery. Deloitte predicts real estate firms repositioning in the next 12-18 months. Top opportunities lie in digital economy properties, while offices decline. In Germany, despite economic hardships, demand for offices is rising. Denmark, with a strong economy, offers opportunities in residential and logistics sectors. Spain sees growth in hotels and hospitality. CBRE suggests 2024 as an opportune year to invest in the UK's commercial real estate. Housing market prospects show affordability increase, steady mortgage rates, and slight price growth in most European countries, except France. Rental growth remains strong, especially in retail. AEW expects all European markets to grow in the next five years, with Germany being the most popular among investors.
Disclaimer: This information is not financial advice; always do your own research.
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