The confidence comes from the availability of capital. Real estate is awash with equity. Most of Emerging Trends Europe’s survey respondents and interviewees anticipate an increase in both prime and secondary values as a result of greater liquidity and the need to deploy capital in this asset class.
In many of Europe’s main markets, growth in values has far exceeded any rise in occupier activity. Across the Eurozone, in particular, rental growth remains elusive. This disconnect between capital flows and fragile occupier demand is expected to be, once again, a feature of the markets in 2015.
Source : PWC