Reimagining Real Estate 2024

Images: Getty Images Disclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. © 2024 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.Contents Foreword 3 Executive summary 4 Introduction 5 1 Shifting demand 7 1.1 Demographic drivers 8 1.2 An asset class view 9 2 Global markets 11 2.1 Capital markets 12 2.2 The role of fiscal stability in urban investment 18 3 The pillars 19 3.1 Liveability 20 3.2 Sustainability 23 3.3 Resilience 26 3.4 Affordability 29 4 Key value drivers 33 4.1 Real estate and infrastructure 34 4.2 Prioritizing people and communities 35 4.3 Technology 39 5 Calls to action 41 Conclusion 44 Contributors 45 Endnotes 47 Reimagining Real Estate: A Framework for the Future 2