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Netherlands

Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin

According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7%.

European Construction Slows as Demand Plummets in 2023

According to ING, high interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe.

AI and Streaming Drive Global Data Center Growth Despite Power Constraints

According to a new report from CBRE, power supply has had difficulty keeping pace with data center industry growth across the globe, keeping vacancies low and pushing rents up even amid robust construction.

Globally, Waterfront Properties Enjoy a 118 Percent Price Premium in 2023

Based on Knight Frank's 2023 Global Waterfront Index, waterfront property generated a 118% premium on average around the world, down only marginally from 121% last year, as Sydney retains the top spot.

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