It is difficult to estimate the final impact of the coronavirus on the real estate market in the EMEA region at this point in time, but the tourism, trade and leisure industries are most affected. A best-case scenario for the EMEA would see zero economic growth over the year after a negative dip over Q2 and Q3, with real estate shocks limited primarily to the hospitality sector as well as logistics and retail assets that are dependent on discretionary spending or China.
Capital markets will be frozen, but the main players are still active especially for more resilient retail, logistics and industrial sector assets as well as for office and residential buildings. Investors will hold back their decisions until pricing and the availability of capital becomes clearer. For cross-border investors, capital markets uncertainty, liquidity issues, Q2/3 FX rate volatility and inability to physically visit assets will lead to reduced activity.
Some investors, especially those in need of capital,
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young
The rise of prefab concrete
The rise of prefab concrete
According to the ‘Sector of heavy precast concrete products in Poland 2025-2030’ report, the combined revenues of the 50 largest precast manufacturers in 2023 came to P ...
Spectis
Modern offices for modern officials
Modern offices for modern officials
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...
Newmark Polska