Knight Frank – Investments in Real Estate

As 2024 comes to a close, it will be remembered as a year of global recalibration in response to lingering challenges. The Russia-Ukraine conflict continued to disrupt energy markets and challenge geopolitical stability, while major central banks implemented aggressive interest rate hikes to combat high inflation. Despite these obstacles, global efforts were made to create a more stable and resilient future. This year saw significant political milestones with national elections held in over 64 countries, and shifts in monetary policy towards economic stimulus. Global stock markets reflected this shift with improved performances, particularly in the US, UK, Singapore, and Australia. India stood out as a standout performer with robust GDP growth and successful IPO activity, especially in the real estate sector. Looking ahead to 2025, the world is poised for sustained recovery and progress as it builds upon the foundations laid in 2024.