Real Estate Convictions Q3 2024

11/12/24

Global growth forecasts currently stand at +3.2% for 2024 and are expected to remain at this level the following year. For now, the “soft landing” scenario remains the most likely, as the likelihood of a global recession continues to diminish. However, several risks persist. GDP growth could be hampered by a lack of productivity gains in the coming years. The potential escalation of regional conflicts remains a concern, and the resurgence of trade and industrial protectionism continues to cast a shadow over long-term growth prospects.