Real Estate and Property Awards 2023

BUILD Real Estate & Property Awards 2023 Real Estate & Property Awards 2023 BUILD Magazine proudly welcomes you to the ninth annual Real Estate and Property Awards! A flagship programme for the BUILD platform, these awards have recognised the key players driving this dynamic industry for almost a decade, and in 2023 we will once again present our readers with the ultimate guide to the Real Estate and Property sector. Despite multiple challenges effecting the market – with rising interest rates, a lack of affordable housing, growing construction debt, and the threat of climate change just a handful of examples – the Real Estate industry is still predicted to expand at a reasonable rate of over five percent CAGR by 2030. The Residential and Commercial sectors continue to dominate the Property market and are both expected to be major forces for growth in the coming years, thanks to increasing numbers of Millennials joining the property ladder, and the tourism industry experiencing a generous boost post-pandemic. The Property Management market is also booming, with analysts anticipating that this will be the strongest segment for growth across the next five years. As the Real Estate and Property industry expands, it is also rapidly evolving in order to accommodate the various societal shifts that have arisen in the years following the pandemic. Consumer requirements are changing, especially in the commercial sector, with modern work-from-home and flexible employment policies meaning that there is less demand for permanent office space. Industry experts indicate that up to twenty percent of office real estate stock will need to be repurposed to deal with this issue. Sofi Parry - Senior Editor Website: Sofi Parry- Senior Editor Rebecca Scotland- Editor Joshua Beardsmore- Writer Izzy Mifsud- Writer Emily Godbold- Writer Michelle Strozykowski- Writer Matthew Wright- Writer Ali Mohammed- Junior Graphic Designer Lauren Baldwin- Graphic Designer Editorial Team