Tue Jun 22 CEST (4 months ago)
In your timezone (EDT): Tue Jun 22 4:00am - Tue Jun 22 5:00am
The good news is that there is a lot of pent-up demand and a wall of money waiting to be invested in European real estate, with international institutions keen to increase their exposure to the sector. The bad news is that the pandemic is still hindering transactions and clouding the outlook, while lockdowns and travel restrictions make site visits and deal-making more difficult. What will H2 look like? Will domestic investors continue to have the upper hand or will international capital come back with a vengeance? Which countries and cities are likely to emerge as winners? Will the UK be damaged by Brexit, or buoyed by the success of the vaccine roll-out? Germany and France started the year on a high, but the situation has deteriorated since. What are the prospects for the second half of the year? Which sectors will attract the most attention? Will 'beds and sheds' strategies continue to be popular? Is mixed-use the key to revitalising city centres? What is the outlook for the office sector after a year of working from home? Will retail and hospitality bounce back as life returns to normal?
Assem El Alami
Head of International Real Estate Finance Berlin Hyp AG, Germany