Emerging Trends in Real Estate: In the eye of the storm

The 20th edition of Emerging Trends in Real Estate comes at a critical juncture for the global economy. Although respondents report little direct impact on their property portfolios from Russia’s invasion of Ukraine, the war’s consequences are seen in surging energy costs, historically high inflation and rising interest rates.

Despite this prevailing uncertainty, leasing activity across Europe held up reasonably well for much of 2022. However, there is a widespread belief that high energy prices and a recession will lead to occupancies and rents falling—even in previously robust sectors. It is clear that 2023 will be a tough year and a recovery may not emerge until early 2024.

To mark the 20th anniversary of Emerging Trends in Real Estate (Europe), we have asked a broad range of industry players to explore a variety of themes, look ahead to the next 20 years, and reflect on the many market changes that have shaped the industry to date.