EPRA (European Public Real Estate Association) reposted this
A rate cut this week comes with little pleasant surprise, as recent economic data has supported a more dovish stance. Despite some suggestions last month that another slash in rates wouldn’t be seen until the end of the year at the earliest, more recent signals of shrinking German GDP and inflation dropping to 1.8% called for decisive action from the European Central Bank. This comes as good news for the European listed real estate sector and gives investors a renewed reason to be optimistic as they look ahead to 2025. We certainly hope to see increased capital inflows into the European listed real estate sector in the final few months of 2024 as a result. As long as inflation remains below the ECB’s 2% target, we might see a similar outcome when the Bank meets again in December. EPRA (European Public Real Estate Association)