Reimagining Real Estate 2024

Conclusion In cities and towns across the world, real estate’s role in the economy and society is changing. As industry stakeholders work to reimagine spaces and undertake investments in support of a flourishing built environment, progress towards the goals described in this framework will define success or failure. While individual investors’ priorities and strategies will necessarily differ, communities and cities that move decisively and collaboratively in support of liveability, sustainability, resilience and affordability will see the greatest returns on their public and private investments.Ultimately, a broad recognition that the goals outlined in the framework are only achievable if the related investments can attract capital and offer competitive market returns must underpin a pragmatic approach to strategies for individual market participants and the communities they serve. While policy and regulation play a foundational role in determining the structure of capital markets and other facilitators of real estate investment, the private sector must be positioned and willing to execute on the vision. Reimagining Real Estate: A Framework for the Future 44