Between exhaustion and uncertainty. What’s the assessment of the real estate market in Europe?
Growth of the GDP in the Eurozone remained low at the end of 2018, and the latest indicators suggest a further fall in 2019. The customs duty increases decided by the United States and China are likely to have a further negative effect on business in early 2019..
Coming very close to technical recession, Germany has suffered from the introduction of new antipollution standards and the slowdown in the global car market. Italy is not spared, with the sovereign and financial risks encumbering domestic demand and the financial markets.
A messy withdrawal of the United Kingdom from the European Union and a more pronounced slowdown of China are factors that could entail a deterioration to the current activity forecasts.
Henry-Aurélien Natter, Research Manager at Praemia REIM, reviews the various markets.
The team
Henry-Aurélien Natter joined Praemia REIM as Research Manager in January 2018. He has the mission of developing the analyses of the Research & Strategy Department on the real estate markets, the economy and capital in France and in Europe.
Henry-Aurélien Natter began his career at Les Echos Etudes (formerly Eurostaf), then at C&W (formerly DTZ), and lastly at BNP PRE, where he acquired solid and varied experience in real estate research, strategy and finance. He is qualified with an AES degree in Business Management, a Masters Decree in management and SME management, and an International Master in commerce and marketing.
- Market review
Real Estate Convictions : Q4 2024
The continued reduction in ECB interest rates, the level of savings amongst Europeans and the recovery of the real estate markets between 2022 and 2024 all point to the potential for improvement and a rebound in the sector.
- Market review
Real Estate Convictions : Q3 2024
In October 2024, the ECB announced its third consecutive rate cut to ease its restrictive monetary policy, and we believe that a new momentum has opened up for the European real estate market. Indeed, this quarter we have seen a thaw in certain real estate indicators.
- Market review
Real estate convictions : 1st quarter 2024
For now, European real estate professionals have been cautious and are watching for the tipping point that could occur with the announcement of the first change in direction by the ECB.
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