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The dominant theme in CEE real estate markets is geopolitics according to Marcus Cieleback, Chief Urban Economist, Patrizia. Speaking to Richard Betts during the The CEE Summit, staged by Real Asset Media in conjunction with The Poland Observer, Cieleback said that people understand that fundamentals in the CEE region have improved tremendously and are “quite solid”. Check out the video interview: https://lnkd.in/e8W3FExs #CEE #realestate #urbanisation #geopolitics #Poland

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“Stay alive until 2025” has been a popular mantra in 2023/24 among property leaders identified in The Emerging Trends in Real Estate® Global Report 2024, – what happens once we've reached that point, do we know what's next for the real estate industry? Experts on European real estate investment and development trends, real estate finance and capital markets, cities, property sectors, and other factors influence the industry. Join us at the Europe Conference 2024 in Milan to share your predictions and insights for the year ahead. Your invaluable input will help develop the themes and survey questions for the forthcoming 2025 Emerging Trends in Real Estate® report due to be published later this year. Register for the conference now and join our Roundtable to have your say: https://lnkd.in/eBT-r-vF Catch up on the Emerging Trends in Real Estate® Global Report 2024 by ULI and PwC: https://lnkd.in/egbJD39n

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🌍 Are retail parks the future of sustainable real estate investments? Do they outperform other commercial properties in times of economic uncertainty? Our Head of Investment Properties, Director, Jakub Stanislav MSc, MRICS, has the answers! He recently shared his expert insights in a discussion featured in ZDR Investments magazine, focusing on the resilience and attractiveness of retail parks as investment opportunities. ▶️ In a climate of economic fluctuations and evolving consumer habits, retail parks have proven their resilience and potential as anti-cyclical investments. ▶️ Jakub highlights their consistent performance, driven by stable tenancies and attractive yields. As retail parks seamlessly adapt to e-commerce, particularly in the food sector, they are likely to outperform traditional shopping centres. Feel free to reach out to Jakub Stanislav MSc, MRICS for deeper insights and a glimpse into the future of real estate investments. #CBREInMedia #InvestmentOpportunities #MarketInsights

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Exciting insights from the CEE office market! 🏢 Are office spaces in our region experiencing high occupancy rates? Are developers still active anywhere in #CEE?   ➡️ Vacancy rate in CEE averages at 11.0% 📉 The take-up of office spaces in Q1 decreased by 14%. 📉 Overall completion volumes in 2024 are expected to drop by 30% compared to last year. ➡️ Prime rental levels stable q-o-q, up 2-6% y-o-y. Read more additional data and insights in our Q1 2024 CEE Office Market Figures report 🔽

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𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐋𝐢𝐯𝐢𝐧𝐠 𝐚𝐧𝐝 𝐇𝐨𝐭𝐞𝐥𝐬 - 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐒𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭 𝐒𝐮𝐫𝐯𝐞𝐲 𝐑𝐞𝐬𝐮𝐥𝐭𝐬 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://lnkd.in/eZcsauHg   Savills and Savills Investment Management’s 2024 European Living Investor Sentiment Survey gathered responses from 63 investors, who collectively manage over €700 billion in real estate assets. Key findings included:   🟨 48% of investors are looking to increase their allocation to Living and Hotels over the next three years. 🟨 In that period, those investors aim to deploy €64 billion of capital.  🟨 Higher returns are being sought, with a quarter of respondents in 2024 looking at Opportunistic strategies, up from just 10% in 2023.   Contact our Savills OCM experts: Richard Valentine-Selsey | Peter Allen | Marcus Roberts | Joe Guilfoyle ACA MRICS | Andrew McMurdo | Andrew Brentnall | Tim Stoyle | Robert Stapleton | Henry Elphick Contact Savills IM: Andrew Allen | Jon Crossfield | Lucy Williams | Hamish Smith

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In the initial three months of 2024, investment volumes in the CEE region dropped by approximately 15% year-over-year to €1.2 billion. These figures align closely with the trends observed across Europe and globally, reported by Colliers. As we navigate through the remainder of 2024, it will be crucial for investors to adapt to evolving market conditions and capitalize on emerging opportunities in the CEE real estate sector. You can see the full report here ➡️ https://bit.ly/3JUdnOK #LionsHead #RealEstate #CommercialRealEstate #CEE #investment #report

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Downward price pressures are easing, and investor conditions are improving across European #RealEstate. But the recovery ahead is likely to be uneven across geographies and sectors. Read our team’s latest views on the office, retail, industrial, and residential sectors: https://ow.ly/v85p50RuHch

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Great article on Bloomberg on the increasingly apparent transition risks and thanks for pointing out that also in other regions in the world investors face (and should manage) these financial material transition risks KOJI NAKATANI CFA / Nissay Asset Management. You can read more about the progress of climate risk management in the sector in our recently released annual report: https://lnkd.in/eTv4wiDe Thanks for writing the article Frances Schwartzkopff

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"The creation of the Renewable Energy Investment service was a natural extension of Colliers' investment consultancy in response to market needs", explains Piotr Mirowski, Senior Partner, Investment Services at Colliers ► https://lnkd.in/ddEZekmx #renewableenergy #consulting #commercialrealestate #propertyinvestment #realestateinvesting #realestatetrends

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Introducing ULI's European Real Estate Sector Sentiment Tracker Share your current views and expectations for the European real estate market over the next year. A unique snapshot across sectors and disciplines to check the pulse of real estate activity in Europe by asking our members and community to take part in a short six-question (two minute) sentiment survey. We will share the results at the upcoming European Conference in Milan on June 10-13. https://lnkd.in/ewm3-rrX

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We have prepared key insights derived from recent research and explored urban-suburban migration, #rental preferences, and the changing face of real estate in 2024. Discover the #housingmarket: https://lnkd.in/e5VWeAb8

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📊 Explore the latest insights from the June 2024 Consensus Indicator. 🌐 The headline reading of 53.6 offers a positive indication, suggesting that the beginning of European non-listed real estate industry recovery is near. Four of the five subindicators now exceed 50. Leasing and operations maintains the lead as the strongest subindicator. The economic subindicator stands second, having increased to 56.1 🔍 Download the full publication for detailed insights and stay ahead of the curve with our upcoming Market Insights report next week! #ConsensusIndicator #RealEstate #InvestmentTrends 🏢📈

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Positive outlook on logistics from CBRE   CBRE published the results of its 2024 European Investor Intentions Survey during April 2024. This year, the majority of investors (34%) identified the industrial real estate sector as their main sector of investment interest. At the same time, the share of investors with an interest in logistics was the highest ever, showing that the logistics sector remains an interesting investment opportunity. Overall, investor sentiment in early 2024 in Europe is acquisitive in nature and total returns for industrial real estate (or logistics) are expected to grow in the long term.   Source: Analytical Department ARETE, data: CBRE Forecasting and CBRE Research (2024 European Investor Intentions Survey) #ARETE #SkupinaARETE #Investing #RealEstate #IndustrialRealEstate #MarketSentiment #Logistics

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A recent report from Colliers points to sustained investor interest in European living markets despite challenging macroeconomic environments.   The report identifies strong supply-demand fundamentals that are observable across many European markets, which creates a need for more supply of the right type of product in the right locations.   While a tougher financing environment has created some uncertainty around investment decisions, it has also created notable opportunity for well capitalised market players to capture assets with sound demand fundamentals at discounts.   ActivumSG continues to see ample opportunity in the living sector and has significant dry powder ready for deployment across the select European geographies in which it operates. The firm is actively monitoring situations in markets including the Netherlands, the United Kingdom, Germany, Spain and the Nordics, where there is significant upside to be achieved through applying the firm’s significant experience in executing successful value-add and opportunistic investment plays.

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Nareit’s REIT Industry Sustainability Report 2024 is now available. The report includes data on the public reporting by the top 100 REITs by market capitalization on sustainability topics as well as key insights into the strategy and performance in key areas of focus relevant to a variety of REIT stakeholders. https://bit.ly/4aNsIf3

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The operating environment in Poland, where Redefine owns a diverse property portfolio valued at R38 billion, is improving with stable and positive operating metrics coming out of a market that was in an unprecedented inflationary environment last year. CEO 'Andrew Konig said during the release of Redefine's interim results for the half year ending 29 February 2024 that the energy price crisis, which was the biggest driver of inflation in that jurisdiction, has softened, with the cost of electricity having quickly recovered and returned to almost pre-crisis levels. This, together with other policies introduced to spur economic recovery by the new administration, is leading to an increase in consumer disposable income and Redefine’s Polish retail platform EPP has benefitted. EPP portfolio: Key outcomes for HY24 • Turned renewal reversions from negative (HY23) to positive at 2.7%. • Improved tenant retention to 97.5%, from 97.2% in HY23. • Increased the unexpired lease term to 4.9 years, from 4.3 years in HY23. • Increased the renewal success rate by GLA to 57%, from 39% in HY23. Redefine lifted its ownership level in EPP during the period from 95.5% to 99.2%, which presents opportunities for tax and operational efficiencies. König said the logistics sector in Poland is also benefitting from solid market fundamentals, underpinned by the reconfiguration of supply chains in the region. Once again, operating metrics across European Logistics Investment, Redefine's polish logistics platform located in key hubs, look positive, with three 100% pre-let developments in progress. König said Redefine sees tremendous growth potential in Polish self-storage, which is immature by European standards. “Redefine is positioned to capture the upside with its ‘baby in the making’, a Polish self-storage logistics platform, that will be looking to increase its NLA to 50 000sqm in due course.” Read the full interim results report here: https://lnkd.in/dqm-3uUk #RedefineProperties #SAREIT #ListedProperty #Poland  

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1 komentarz

A report well worth reading from Systemiq Ltd. and the Leaders of the Urban Future (LOTUF) on what is needed to unlock a low-carbon real estate market aligend with a 1.5 degree future. Good to see the RICS Europe "Future of Valuation: the impact of ESG" paper mentioned, and therefore recognising the important role of valuations and valuers. There is still work to do, as the report says: "this progress is encouraging, but there is still much to do to get the sector on track for 1.5 degrees." https://lnkd.in/gEKc4snd

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