European real estate investment is at a decade-low, and many forecasts expect 2024 to be the year to turn this trend on its head, not least due to potential key rate cuts. For borrowing costs to shrink and the economy to rebound in many European countries, it’s vital that the European Central Bank (ECB) and the Bank of England (BoE) lower their benchmark interest rates. Investors are closely watching the timing and intensity of any potential interest rate cuts, as the European real estate sector largely relies on borrowing. The risk of a housing bubble is shrinking across the world… except i…