What’s Next for Industrial Real Estate?
In 2023, industrial real estate emerged as a standout performer, boasting demand levels nearing records. Despite expectations for slightly slower growth, experts predict a continued bright outlook for the sector. Matthew Rand, Managing Director of Research & Analytics at Link Logistics, notes that after experiencing unprecedented expansion over two years, the industrial market has transitioned to a more sustainable trajectory. While economic factors may influence its near-term trajectory, long-term trends such as the rise of e-commerce and the preference for regional models are expected to sustain demand, particularly for smaller infill sites.
Retail Trends for 2024: Shifts in Shopping Norms Are Coming
As we approach the biggest retail season of the year (and yes, some stores are already selling holiday merchandise), one thing is evident—the retail landscape is still evolving, with e-commerce taking on an even more dominant role, although in-store shopping is making a comeback.
To help you navigate through the next year, I talked to e-commerce visionary Michael Quoc, the founder of tech accelerator Demand.io and creator of SimplyCodes. Quoc says in the coming year, we’ll see “dynamic shifts that will reshape how consumers shop and [businesses] operate online.”
Pioneering Tomorrow’s Real Estate, Today
The commercial real estate landscape has been subject to rapid change, making future market predictions challenging yet essential.
Top 10 Predictions for Commercial Real Estate in 2024
The past couple of years have brought about unprecedented conditions in commercial real estate, and it may feel difficult to predict what’s coming next in the market. Economic conditions may be less certain than ever before, but tracking trends and opportunities is still a valuable practice for your firm moving into 2024 and beyond. As the industry continues to contend with macroeconomic turbulence and an ever-evolving post-pandemic environment, you’ll find both opportunities and challenges in the years ahead. You’ll want to be aware of upcoming trends across sectors and asset classes, as well as the strategies top firms are using to stay competitive amid challenges.
Hospitality Industry Should Fare Better Than US Economy in 2024, Analysts Say
Industry Experts Share Forecasts, Break Down Demand Segments
2024 Multifamily Outlook
Economic conditions appear to be moderating as we head into 2024 and expectations are for the economy to achieve a soft landing. We expect job, wage, and gross domestic product growth to slow but remain positive, as inflation continues its downward trajectory. Similarly, we expect the multifamily market to remain sluggish as it works through what will likely be peak deliveries of new supply for this cycle in 2024, with rent growth expected to be positive but below the long-term average and vacancy rates higher than average. With interest rate stability, cap rates and property values should stabilize allowing buyers and sellers to agree on asset value to facilitate more transaction volume. Read the full reportpdf(Opens a new window).
Multifamily Is Likely To Start Recovering in 2024—Here’s Why
In his recent article, BiggerPockets CEO Scott Trench did a great job enumerating all the reasons why multifamily is in the difficult position it’s in. If he had written these same things a year ago, I wouldn’t be writing this rebuttal—I would have simply said, “Ditto.”
But I don’t believe that the picture he has painted is an accurate reflection of where things are headed. Here’s why.
The Commercial Real Estate Outlook for 2024
Tight credit, work-from-home trends, energy-hungry data centers and more color the horizon for commercial real estate as we enter 2024.
Commercial Real Estate Outlook 2024: The Kiplinger Letter
In 2024, expect hybrid and work-from-home trends, tighter budgets, rising rents and the demand for data centers to continue.
Yardi Matrix Forecasts Increase in Self Storage Delivery for 2024-2025
SANTA BARBARA, Calif., Feb. 21, 2024 – Yardi® Matrix’s Q1 2024 Self Storage Supply Forecast suggests an expansion in near-term supply, while the coming years will show a decrease.
The last quarter of 2023 registered an increase in construction starts and the under-construction pipeline, influenced by an uptick in new development. Consequently, the near-term forecast for 2024 and 2025 has been upped by 10.9 percent and 12.5 percent, respectively.