What is the real estate market likely to do over the next 24 months?

We co-hosted a great Real Estate breakfast with Pinsent Masons and BNP Paribas Real Estate, digging into what’s next for the real estate market.

Here is a quick summary of what our audience discussed.

Market optimism returns

Aside from the current levels of interest in data centres, the offices market seems ripe with opportunities. It was also the view from our attendees that the bottom of the market has been and gone, albeit, there is some concern around geo-politics.

Cautious confidence

More funding is finding its way to the UK (rather than the US) and the good news is that the overall view is optimistic, however, it will be important for capital to be forthcoming and for interest rates to continue to come down.

AI’s growing role

There is a lot of debate around AI and the impact in the sector. It is still relatively early days but adoption is expected to take off exponentially (subject to the UK being in a position to deliver the power required to datacentres to help power AI (and of course all of the electric cars)) not forgetting CO2 targets which risk being derailed with the increase in emissions from the use of AI technology.