Experts say 2024 may be an opportunity for the commercial housing market to get back on solid footing by embracing shifting preferences and emerging trends.
The market is continuing to take shape and redefine itself after several years of new challenges. In 2023, the industry remained on unsteady grounds as economic uncertainty persisted, return-to-work plans shifted at large companies, and rising interest rates continued to limit access to affordable capital. As a result, many real estate firms are still experiencing revenue declines thanks to higher vacancy rates and slow rent growth.
However, despite the challenging conditions of the past several years, there’s still plenty of reasons to be optimistic about the commercial real estate industry. In fact, many see 2024 as an opportunity for the market to get back on solid footing. Whether you are a property owner, investor, property manager or tenant, these changing winds can impact both your short- and long-term strategies.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.
