Emerging Trends in Real Estate Climate of change Europe 2020
With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors. Equity and debt are expected to remain plentiful for most real estate sectors. The notable exception is retail, still struggling in the face of online competition.
The primary industry concern for 2020 is the cost of construction.
Political risk is a constant concern for interviewees, but environmental, social and governance (ESG) issues have perhaps shown the biggest move up the industry agenda over the past 12 months.
Paris is ranked Number 1 for its overall real estate prospects in 2020. The Grand Paris project, Europe’s largest transport scheme, is widely lauded as a game-changer for the French capital, setting it apart from the competition.
In terms of sectors, logistics once again tops the rankings for investment and development prospects.
As Emerging Trends Europe has highlighted over the past few years, these sectors are at the forefront of the industry’s transformation into becoming a service industry.
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