The real estate landscape is changing
Urbanisation, demographic shifts, competition from emerging markets, sustainability, technology and the shifting financial ecosystem will all have major implications for real estate investment and development.
They’re likely to increase the size of the real estate asset pool, yet alter the nature of investment opportunities and risks. Real estate players need to make sure they’re fit for the future and success will depend on having global networks, specialist expertise and innovation, cost management and scale, as well as people that suit your strategic objectives.
The residential model is changing with a shift to rental and there are chronic shortages making available stock unaffordable. Ambitious new market entrants and IFRS 16 – the leases standard are increasing the demand for shorter more flexible leases. Add to the mix a better informed, more demanding occupier and the real estate model is evolving from financial asset class to service provider.