CBRE

CBRE Global Chief Economist Richard Barkham and Cycle Monitor’s Glenn Mueller share insights on what to expect across real estate sectors in the second half of 2024. Insights to Share:·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate is a delayed mirror of the economy, says acclaimed forecaster Glenn Mueller.·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amid an anticipated long, slow recovery, specialized asset types like self storage and data centers are seeing increased demand.·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Demand for real estate is tied closely to employment growth.&nbsp;·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer spending has been resilient, but is showing signs of slowing, and corporate balance sheets remain strong.&nbsp;

Richard Barkham leads a global team of nearly 600 research experts who help CBRE’s clients understand the forces shaping the commercial real estate industry. One of the world’s leading real estate economists, Richard combines the theoretical framework of an academic with hands-on experience in development to deliver actionable insights for real estate investors and occupiers. A frequent source for both clients and journalists navigating moments of economic volatility, he is particularly interested in the role government stimulus plays in long-term economic recoveries. He is the author of two books and numerous academic and industry papers on the topics of real estate and entrepreneurship, including the acclaimed Real Estate and Globalisation (Wiley Blackwell, Oxford), which explains the impact of the rise of China and Brazil on real estate markets.

Richard Barkham, Ph.D.

Global Chief Economist & Head of Americas Research, CBRE

Glenn Mueller, Ph.D., has 48 years of real estate industry experience, including 41 years of research, with 100+ published articles in areas of real estate market cycle analysis, real estate securities analysis (REITs), public and private market investment strategies, real estate capital markets, portfolio, investment and diversification analysis. He is internationally known for work in identifying where markets are in the real estate cycle via his Cycle Monitor reports.

Glenn R. Mueller, Ph.D.

Professor, Burns School of Real Estate & Construction Management, University of Denver

Further On: What’s next for commercial real estate? Our experts weigh in.

What matters most right now in Commercial Real Estate. Business leaders join economic, industry and subject matter experts to share their distinct views and latest thinking. The Weekly Take is hosted by Spencer Levy, CBRE’s Senior Economic Advisor and Global Client Strategist. More at cbre.com/TheWeeklyTake