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Our key calls for 2024

Falling interest rates will herald the end of the commercial property downturn in 2024. However, owing to price declines in H1 we still think values will end the year lower. Our forecast for marginally positive euro-zone returns – while a considerable improvement on the past two years – still suggests 2024 will be another gloomy year for European commercial property. These are the key developments to look out for.

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