2023 was a grim year for UK and European commercial property. The coming year won’t bring much relief – initially at least – with still-high rates and subdued economic activity weighing on transactions. Recovery will come as central banks start to ease – but how strong will it be and how will the upturn be distributed across regions and sectors?
Join Chief Property Economist Andrew Burrell and our partners in Real Estate for this exclusive in-person briefing all about the prospects for 2024. Andrew will lead a discussion with Matthew Pointon and James McMorrow from our UK and Europe Property teams on the risks and opportunities within commercial as policy tightening turns to easing.
The team will be answering your questions and in turn look forward to your joining our conversation about the key issues facing the year ahead, including:
- Timing the rate cycle and how it could feed through to recovery;
- Why the UK looks better placed for recovery as core euro-zone struggles;
- Why offices could miss the recovery altogether in 2024.
Request your space
Complete the form below to request your space at the event. A member of our team will be in touch to confirm.
Meet our speakers:
Chief Property Economist
Andrew Burrell joined Capital Economics in 2018 as the Chief Property Economist. Prior to this he was the EMEA Head of Economics and Forecasting at JLL, working closely with European property investors. A decade in real estate was preceded by over 15 years as a professional economist at Experian, the Bank of England, RBS and the London Business School. He is an active member of both SPR and IPF.
Senior Property Economist
Matthew Pointon is a Senior Economist who leads our UK Commercial Property service, having previously been responsible for our US and UK housing research. Prior to Capital Economics, Matthew worked as an economist at HM Treasury, where among other roles he covered the macroeconomics of the housing and household sector. He holds an undergraduate degree in Economics from the University of Bath, and an MSc in Economics and Econometrics from the University of Bristol.
James McMorrow joined Capital Economics as a Property Economist in June 2022 and currently works on our Europe Commercial Property service. Prior to joining Capital Economics, he worked as an Assistant Economist at the Department for Transport in its Regions and Cities and Rail Analysis divisions. James holds a BSc in Economics and Accounting from Queen’s University Belfast and an MSc in Economics from Trinity College Dublin.