As the year draws to a close, it is time to look back, but also to look ahead. One thing is clear: 2023 was not an easy year for many companies in the real estate sector. Valuation adjustments, insolvencies and cancellations frequently set the tone. The impact of interest rate hikes has clearly been felt.
However, we have also seen the federal government and federal states seize the political initiative – most recently in an ambitious 14-point programme that brought together many important ideas to sustainably boost the construction of new housing in Germany.
The bottom line is this: there is still reason enough to take an optimistic view of the future. Despite all the shortcomings, there are still opportunities: How is the European residential property market developing? What impact will inflation have on investments? Where could new residential property projects be developed? And finally: Why will things pick up again in 2024? Our experts address all of these questions and more in the latest WID newsletter.
We wish you an informative read and a happy and healthy Christmas and New Year!
JMS and HFR