The rise of technologies, such as AI, and the solid growth in tourism-related sectors could drive Europe’s commercial real estate market next year, while the housing market struggles to get back on its feet and the rental market soars.
European real estate investment is at a decade-low, and many forecasts expect 2024 to be the year to turn this trend on its head, not least due to potential key rate cuts.
For borrowing costs to shrink and the economy to rebound in many European countries, it’s vital that the European Central Bank (ECB) and the Bank of England (BoE) lower their benchmark interest rates.
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.