ULI Report: London Leads European Real Estate Prospects Amid Global Conflict Headwinds
What happened
The Urban Land Institute released a report ranking European real estate prospects, noting that London continues to lead over Madrid and Paris. While London maintains its top ranking, overall recovery and growth are expected to remain uneven and take longer than previously anticipated. The report attributes this slowdown to international political instability, rising energy and construction costs, inflation, and higher interest rates.
From propertyweek.com
Why it matters
Expectations for business profitability in the sector have softened, with 45% of surveyed professionals expecting an increase in 2027 compared to 50% the previous year. Construction costs and resource availability were cited as the most significant real estate concern for 2027, while global conflicts were highlighted by two thirds of respondents as the biggest social and political issue.
From propertyweek.com
Who's involved
- Urban Land InstituteConducted the survey and published the report on real estate prospects.
- LondonRanked as the leading city for European real estate investment and development prospects.
- MadridRanked as a European real estate market behind London in the latest report.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Bank of EnglandSpeculative
The Bank of England might face pressure to adjust policy due to inflation and rising costs driven by global conflicts.
- EuropeSpeculative
The real estate sector in Europe could see impeded recovery and increased costs due to global conflicts.
- European Central BankSpeculative
The European Central Bank might be pressured to adjust policy due to inflation and rising costs driven by global conflicts.
Keep exploring
The entities involved
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Urban Land Institute
nonprofit research and education organization with offices in Washington, D.C., Hong Kong, and London
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London
capital and largest city of England and the United Kingdom
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Madrid
capital of Spain