Knight Frank –The Wealth Report, 2024

The Wealth Report 2024 by Knight Frank highlights the strong connection between private capital and real estate, predicting a surge in activity due to lower interest rates. The report emphasizes the growth in the number of UHNWIs globally, particularly in the US and the Middle East, with a significant portion looking to invest in residential and commercial property. Despite challenges such as higher debt costs and the shift towards sustainable practices, opportunities for well-financed investors in the real estate sector are vast. The report also discusses global wealth mobility, luxury residential markets, global farmland trends, and ESG themes. Knight Frank's Private Office network, with offices in key financial hubs, is positioned to provide tailored advice and support to investors looking to capitalize on these opportunities. Interested parties are encouraged to reach out to Knight Frank for assistance.