2024 Commercial real estate outlook: Finding terra firma

Delotte's insightful 2024 forecast is based their annual Global Real Estate Outlook Survey, which reveals what is top of mind for real estate owners and investors across North America, Europe, and Asia/Pacifc. 

Continuing to confront multiple challenges and shifting expectations, in 2024, the global real estate industry has an opportunity to start rebuilding on more solid ground. Multiple factors, from a pandemic-era recovery that shifted how and where people work to more recent geopolitical uncertainties and fnancial market instability, the coming year is expected to be pivotal in real estate frms’ ability to recover and build up. Marked by a myriad of mixed signals about the health and trajectory of our industry, real estate leaders may need to fnd their footing as they shape the next phase of real estate ownership and investment. The coming 12 to 18 months are expected to be important as real estate frms reposition themselves, and it might take a combination of critical realizations and strategic realignments, some far diferent from the status quo, to get there. 

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