"The current cycle is testing investors’ discipline and ingenuity. Value is no longer about timing the market but about transforming assets and capturing long-term relevance."

"The market is no longer defined by broad-based growth, but by selective convictions. Investors are focusing on assets with resilient income, clear pricing, and long-term relevance in an increasingly challenging environment."

"The investment market isbeginning to show signs ofre-engagement—notthrough broad-basedrecovery, but throughselective activity focusedon high-quality assets,underpinned by policyeasing and clearer pricingsignals."

"The investment market is showing signs of increased activity, driven by the availability of more high-quality assets, ongoing monetary easing, and asset repricing, despite the challenging economic conditions."

"Despite the challenging economic environment, there are signs of increased activity in the investment market. This improvement is driven by the availability of more high-quality assets, continued monetary easing, and asset repricing."

"The investment market remains challenging as we enter the second half of 2024. End users are sustaining some deal flow in leading cities, but further price adjustments are necessary to attract institutional capital back into core asset classes."