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A new deal for real estate

A new deal for real estate

More than ever, investors are navigating through a sea of geo-political uncertainty, protectionism talk, divergent central bank policy, and elevated valuations. Whether the global economy ‘normalises’ after unprecedented policy action following the financial crisis, or adapts to a ‘new normal’, it will largely reflect the unknown consequences of globalisation, demographic change and technology.

However, focusing solely on the risks and not the attractive investment opportunities that market volatility can present, would be inconsistent for a global real estate industry which should have a long-term investment vision. In the current cycle, there is a growing realisation of a ‘lower for longer’ global interest rate horizon, coupled with heightened market volatility and meagre bond returns, which look set to enhance a secular shift to real assets. Against such a backdrop, real estate investors should take comfort in the versatility of the sector, and the wide range of markets, investment strategies and risk and reward opportunities that are ever present. Global real estate is multi-dimensional, and income, return and diversification are some of the many attributes which the sector can offer to investors. A collaboration between TH Real Estate and MIPIM, with contribution from the ESSEC Business School’s students, this report shares what we believe are the biggest concerns of real estate investors today, and our top highlights from 2017’s MIPIM conference. With 24,200 visitors from 100 countries, including over 5,000 investors and more than 400 journalists, the conference’s main theme ‘A new deal for real estate’ focused on the increasing rate of change in digital and technology innovation, consumer habits, geopolitics, and their impact on real estate and the built environment. Over 100 sessions were held, with some of the most influential real estate doers and makers as speakers: investors, developers, entrepreneurs, consultants and representatives.

We hope this report will inspire you and give you new ideas to turn into actions. We welcome any feedback you may have and hope to see you at MIPIM next year, with the 2018 theme ‘Mapping world urbanity’ exploring life in cities in the future, the evolving role of cities, and what opportunities this creates for the real estate sector.

 

A new deal for real estate    View the report 

 

 

Issued by Nuveen Real Estate Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Nuveen Real Estate Management Limited provides investment products and services. The value of investments and any income will fluctuate (this may be partly be the result of exchange rate fluctuation) and investors may not get back the full amount invested. Where opinions have been expressed, they are based on current market conditions and are subject to change without notice.

Michael Keogh

Mike Keogh

Director of Research

Mike's biography