"The phrase that “a week is a long time in politics” is widely attributed to the former British Prime Minister Harold Wilson. "

"As we move closer to 2025, December provides an opportunity to reflect on the past year. "

"The interest-rate driven downturn in global real estate capital markets is looking as if it will soon give way to an interest-rate driven recovery. "

"Sentiment towards investment in UK commercial property is back, but how long will it take for deals to pick up?"

"With the eagerly anticipated pivot in monetary policy already upon us, it is becoming clear that an interest-rate driven downturn in real estate capital markets is giving way to an interest-rate driven recovery."

"Earlier this month the Bank of England made a finely balanced decision to cut interest rates to 5%, the first reduction in four and a half years (since March 2020)."

"The annual real estate gathering in Cannes, MIPIM 2024, at the start of this month painted a picture of cautious optimism. "

"The interest rate pause announced last week may be the start of relief for real estate investors."

"Monetary policy announcements by central banks around the world have become more eagerly anticipated in the last year."