The World in 2024
Macro and Market Outlooks
Australia & New Zealand Economic Outlook
Downturn will prompt policy easing next year
We suspect that both economies will narrowly avoid a recession but a prolonged period of below-trend growth will reduce price pressures and allow central banks to ease monetary policy again. We’ve...
Europe Commercial Property Outlook
Too early to call the bottom, with offices set for more pain
A weak economic outlook underpins our view that prime rent growth will continue to slow in Europe next year. At the same time, valuations remain stretched and the pace of recent yield rises suggests...