As we approach the festive season, let's take a moment to reflect on the year 2024 in the real estate sector.
Dear all,2024 has been a year of gradual recovery, marked by initial optimism that evolved into a more realistic understanding of a rate-led recovery. The investment market regained its growth trajectory, albeit slower than predicted, finishing slightly higher compared to 2023.
Looking ahead to 2025, we have reason for optimism. The business environment is improving, and we will enter the new year with good momentum. You are welcome to join our Nordic Market Outlook 2025 event in Stockholm on 6 February, where the overview for 2025 will be presented. Please contact your advisor to receive an invitation.
I want to take this opportunity to thank our clients for entrusting CBRE with your assignments. You, our customers, inspire us to do our best. Of course, I would also like to thank all of our people at CBRE, both in the Nordic countries and internationally. I am proud and grateful to be a part of CBRE and partner with many great business partners. I am sure most of you are looking forward to the holidays and spending quality time with your friends and families.
As we celebrate this festive season, we sincerely thank you for your continued partnership. Wishing you a joyful Christmas and a prosperous New Year ahead.
Warm regards,
Colin Waddell