The gross investment in Belgium's real estate activities sector has shown significant growth over the past years, standing at €9.88 billion in 2023. Over the last two years, the sector exhibited steady growth with year-on-year variations of 4.71% in 2022 and 4.46% in 2023. The Compound Annual Growth Rate (CAGR) for the last five years is strong at 10.31%, indicating a robust upward trend. From 2013 to 2023, the sector has experienced substantial fluctuation but generally positive momentum.
Looking forward, the forecasted data from 2024 to 2028 show a continuous increase in gross investment, with a forecasted 5-year CAGR of 2.98% and an overall growth rate of 15.81%. This suggests sustained growth albeit at a slightly moderated pace compared to recent years.
Future trends to watch for include:
- Economic and policy changes affecting real estate investment.
- Technological advancements and their impact on real estate activities.
- Shifts in consumer preferences and housing demand.
- Global economic conditions and their influence on local investment trends.
