What is the status of the European real estate market?
The European real estate sector has been under high pressure and still faces strong economic headwinds which are the result of high inflation and severe ECB-policy driven interest rate hikes applied with an unprecedented speed over a short period of time. It is therefore no surprise that the European real estate market has endured a record low in number of transactions during the last 18 months. This is in essence due to the fact that real estate market participants adopted a typical initial “wait-and-see” approach considering (i) the price of debt, (ii) the perceived…
