Europe Real Estate Faces Uncertainty, But Employment and Spending Seen Supporting Demand
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Economic recovery in Europe faces uncertainty, but employment and consumer spending expected to support real estate demand.
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Innovation-driven locations like data centers and cell towers seen as most attractive amid uncertainty.
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Germany remains top destination for investment, though office demand is low. Denmark also presents opportunities.
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Tourism recovery boosting hospitality sectors in Spain; UK commercial real estate seen as opportune in 2024.
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Residential rental demand likely to stay strong amid high debt costs and affordability challenges for buyers.