Friday Feb 02, 2024
Commercial Real Estate Outlook for 2024, Notable Transactions, and Major Upstate Projects
RICS Monitor reveals a modest recovery in CRE markets for 2024. Upstate Business Journal highlights notable commercial real estate transactions. Exciting developments in major Upstate projects reshape the region. Plus, concerns arise over US commercial property market losses.
Sources:
https://www.commercialsearch.com/news/rics-monitor-expect-cre-markets-to-show-modest-recovery-in-2024/
https://upstatebusinessjournal.com/deal-makers/dealmakers-notable-commercial-real-estate-transactions-october-december-2023/
https://upstatebusinessjournal.com/square-feet/status-update-8-major-upstate-sc-commercial-real-estate-projects/
https://www.ft.com/content/9199361a-06bd-4de2-8b57-f8cef7143dd3
Outline:
(00:00:00) Introduction
(00:00:45) RICS Monitor: Expect CRE Markets to Show Modest Recovery in 2024
(00:03:09) Dealmakers: Notable commercial real estate transactions — October-December 2023
(00:06:04) Status update: 8 major Upstate commercial real estate projects
(00:09:39) Bank losses revive fears over US commercial property market