Demographic shifts refer to changes in a population's age, size and distribution. Understanding these shifts is crucial for the commercial real estate market as they directly influence property demand. However, focusing just on population growth or migration patterns may no longer be enough to ensure future demand for commercial properties.
Developers should look to 'future-proof' real estate projects by taking major demographic shifts into account
Generational shifts likely to affect demand for certain property types and features
CoStar Analytics
November 4, 2024 | 2:06 P.M.
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