Window to 2024: Our property predictions for the next year
Description
For our final episode of the year, we look at Knight Frank’s predictions for residential and commercial property in 2024...
For a UK take, Anna speaks to Tom Bill, head of UK residential research, Shabab Qadar, London research partner and Flora Harley, head of ESG research. Anna is also joined by our global head of research Liam Bailey, head of UK commercial Will Matthews and head of global residential research Kate Everett Allen to discuss global themes.
They share their key predictions for 2024, explore to what extent and how quickly real estate markets will recover, and look at the potential impact of upcoming political elections around the world. They also discuss the pressing need to retrofit and refurbish real estate, with 58% of investors actively looking to acquire poor EPC-performing assets to improve, upgrade and reposition, according to Knight Frank’s latest ESG Property Investor Survey.
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