O U T L O O K
The new normal
has emerged
Dawn of 'the new normal'. The Avison Young outlook report series unveils a fundamental transition in the commercial real estate realm across Europe and the UK. The pandemic, the conflict in Ukraine, and interest rate shifts have triggered a profound reshaping of our industry, affecting all aspects of commercial real estate, from asset adaptation to development funding. Dive into our perspective on how global events, trends and indicators are impacting the real estate market.
The picture across Europe
UK
Navigate the evolving UK real estate landscape with us. Explore sustainability, interest rates, shifting workplaces and investment strategies and what this means for specific sectors and locations in this transformative phase.
Germany
Germany is a prime real estate market. Increases in both office rents and yields create great opportunities for investors. In the investment market, price corrections have largely progressed, and banks remain cooperative with ongoing engagements.
France
Despite recent challenges, the French economy remains robust with low unemployment and stable growth. While the property market has faced cyclical downturns, signs of recovery are on the horizon, making it an opportune time for investors.
Poland
Poland's robust economic growth in 2022, driven by expansionary fiscal policies and a thriving labor market, faced challenges in 2023 due to global economic slowdown. Nevertheless, forecasts point towards a rebound in 2024, as inflationary pressures ease and financing conditions improve.
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