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Capital Economics Roundtable

Invitation-only Roundtable

2024 Commercial Property Outlook

Mapping out an eventual recovery 

Wednesday 13th December


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?

Chief Property Economist Andrew Burrell and economists from our Commercial Property teams were joined by our partners in Real Estate for this exclusive in-person briefing all about the risks and opportunities facing commercial property in 2024.

During the session, the team took questions from the audience as they discussed 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.