We think more pain is in store for US commercial real estate as weak economic growth and high interest rates continue to take their toll. But which sectors and regions are most exposed, which will prove resilient, and when can investors expect recoveries to take hold?
Economists from our US Commercial Property team held an online client briefing on what to expect in 2024. During this 20-minute session, the team answered questions from the audience as they addressed key issues, including:
- What the outlook for rates says about the timing of recoveries;
- Which sectors will drive the price declines and which will outperform;
- Which metro markets will hold up best in another difficult year.