There will be a pick-up in transactions, according to Deloitte in its outlook report.
If interest rates continue to moderate, real estate may begin to look more valuable to investors, boosting valuations and narrowing the bid-ask spread so that more
transactions can take place. If M&A activity does pick up, expect the healthiest markets — such as industrial, data centers, student housing and open-air retail — to take the lead.
Other expectations:
A bounce-back in retail
Less activity for multifamily properties
Moderating deal values in hospitality
No day of reckoning for the office sector
Optimism about industrial and nontraditional sectors
To read the full report, click here.