Europe’s real-estate investors have more pessimistic expectations for 2023 than they did for the pandemic years
Tuesday, December 13, 2022
Europe’s real-estate investors are pessimistic about the sector’s prospects in 2023. They expect high energy prices and a recession to lead to lower occupancy and rents, even in previously strong sectors, and thus lower profits and investment, according to the Emerging Trends in Real Estate 2023 report by PwC and the Urban Land Institute. A recovery in the real-estate sector is not likely ...