A financial forecast is a predictive analysis of an organization’s future financial performance based on historical data, market trends, and economic conditions. It typically includes projections for key financial metrics such as revenue, expenses, profits, and cash flow over a specific period. Financial forecasts are used by businesses to make informed strategic decisions, set budgets, and measure progress toward financial goals. They can be short-term (usually up to one year) or long-term (spanning several years) and are essential for effective financial planning and risk management. The accuracy of a financial forecast depends on the quality of the data used and the assumptions made regarding future conditions.
The global REIT market is projected to grow by $350.2 billion between 2024 and 2028, with a CAGR of 2.87%. Rising demand for warehousing and self-storage, particularly due to e-commerce…