ISA Outlook 2024: Europe
European property markets have been waiting for a peak in European Central Bank and Bank of England policy rates, for an end to the war in Ukraine and for bid-ask pricing spreads to resolve. Investors ready to move out of waiting mode in 2024 can benefit from rebased prices, opportunities to solve capital stack equations, and strong fundamentals in many sectors. In this chapter of ISA Outlook 2024, we examine the state of the European market and conclude with recommendations for specific investment strategies – underpinned by realism and targeted toward areas of forecast resilient income growth. Contributors: Dan Mahoney Europe Head of Research and Strategy Petra Blazkova Europe Head of Core and Core-plus Research and Strategy Dominic Silman, PhD Europe Head of Debt and Value-add Capital Research and Strategy