普华永道&ULI：2025年欧洲房地产新兴趋势报告（英文版）（91页）.pdf

1、12REAL ESTATE CAPITAL MARKETSCHAPTER 2CITIES TO WATCHCHAPTER 4ABOUT THE REPORTBUSINESSENVIRONMENTCHAPTER 1CITY PROSPECTS&SECTOR RANKINGSAPPENDIXCONTENTSEXECUTIVESUMMARYWELCOMECHAPTER 5CALIBRATING ENERGY TRANSITION AND CLIMATE RISK SECTORSTO WATCHCHAPTER 33“We need to be properly embedded into all of

2、 the societies,communities,locations that were invested in.We should be taking a broad view of who our stakeholders are.”European real estate head of a global asset managerEXECUTIVESUMMARY HAMBURG,GERMANYPREVIOUS NEXT4Europes real estate leaders are drawing some comfort from a more benign interest r

3、ate environment than in previous years,and yet sentiment remains clouded by fragile economic growth and growing geopolitical uncertainty.Geopolitics has figured significantly in recent editions of Emerging Trends in Real Estate Europe but never more prominently than this year as the industry conside

4、rs the potential impact of elections at home and further afield as well as the conflicts in Ukraine and the Middle East.The mood among the 1,214 property professionals canvassed for this edition is therefore one of cautious optimism.Though the survey indicates greater business confidence and profits

5、 for 2025 than a year ago,the interviews offer a more nuanced view of the market,and there are caveats at every turn.Given the weak economic outlook for the coming year notably in Germany the strength of tenant demand remains an issue for 44 percent of survey respondents.Some leaders are taking more

6、 of a three-to-five-year view of recovery rather than making strong bets for 2025.Alongside the uncertain geopolitical and economic backdrop to real estate,there are recurring areas of concern,such as regulation,construction costs and availability of finance,which continue to stifle development.Foll