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EMEA Markets View

Our EMEA local market research colleagues share the latest real estate market views from their countries.

Country Market Views


We commit to keeping you up to date with relevant news as we move through 2023. We entered the year with inflationary pressure sitting over the economy and casting a shadow on the decision-making process of many investors and occupiers. 

There is a glimpse of light with inflation across the Eurozone and in the UK slowing demonstrating the impact of base rate changes by the European Central Bank and the Bank of England have had on the economy. There is a balancing act in play now as the central banks focus on their primary goal of reducing inflation to their respective target levels whilst trying to avoid causing a recession or cutting off any sign of growth. 

Whilst consumer confidence remains low, we have seen the services sector turn back to growth and positive news with the reopening of the Chinese borders to trade being viewed as the true 'end' of COVID.  

The economy of the US, which is key to the entire world, is performing better than many expected with Q4 2022 GDP growth exceeding expectations, unemployment remaining low and inflation also coming down relatively swiftly. 

There is no doubt that 2023 will once more see economic challenges that will need to be withstood. The volume of capital remaining in the market, the falling rates of inflation, continued record low levels of unemployment, the performance of key stock markets and the need to address tightening ESG legislation offer not only hope, but an expectation that the year ahead will be less depressing than the story the media have been promoting for the past 10 months.

Sector Focuses

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Article • Sustainability / ESG

Exploring Climate Risks Across the UK & Ireland – Sustainability Week 2024

Cities across the UK have identified the pressing need to prepare for the impacts of a changing climate. Climate risks represent a growing and significant financial concern, particularly within the built environment.
11/14/2024
ReThinking Real Estate in the UK
Insights

RETHINKING: The Shape Of Real Estate 2040

Quantifying The Spatial Requirements For The Future Of Real Estate In The UK
Daryl Perry • 5/6/2024

country market views

Tbilisi, Georgia
Insights • Economy

Georgia Real Estate Market View

A regular update on the commercial real estate market in Georgia.
Nina Kipiani • 1/17/2023
Athens sunset
Insights • Economy

Greece Real Estate Market View

A regular update on the commercial real estate market in Greece.
Nicky Simbouras • 1/17/2023
Belgrade port, Serbia
Insights • Economy

Serbia Real Estate Market View

A regular update on the commercial real estate market in Serbia.
Tamara Kostadinovic • 1/17/2023
Doha, Qatar
Insights • Economy

Qatar Real Estate Market View

A regular update on the commercial real estate market in Qatar.
10/27/2022
Bucharest, Romania at dusk
Insights • Economy

Romania Real Estate Market View

A regular update on the commercial real estate market in Romania.
10/27/2022
Kazakhstan
Insights • Economy

Kazakhstan Real Estate Market View

A regular update on the commercial real estate market in Kazakhstan. 
Gulshat Sariyeva • 7/14/2022
Southwark station empty escalator
Insights • Economy

UK Real Estate Market View

A regular update on the commercial real estate market in the UK.
5/31/2022
Oslo
Insights • Economy

Norway Real Estate Market View

A regular update on the commercial real estate market in Norway.
Hans Petter Skogstad • 5/5/2022
Bulgaria
Insights • Economy

Bulgaria Real Estate Market View

A regular update on the commercial real estate market in Bulgaria.
Simona Luiza Mircheva • 11/23/2021
Israel coast
Insights • Economy

Israel Real Estate Market View

A regular update on the commercial real estate market in Israel.
Stav Cohen • 4/20/2021
E-commerce Growth Surge Card Image
Article • Supply Chain

E-commerce Growth Surge Sparks Logistics Free-For-All

E-commerce has exploded in recent years, but as COVID-19 emerged the sector has seen unprecedented growth. While many industries battled disruptions, e-commerce provides opportunity.
Benjamin Conwell • 11/16/2020
Johannesburg, South Africa
Insights • Economy

South Africa Real Estate Market View

A regular update on the commercial real estate market in South Africa.
9/16/2020
Reopening Hotels (image)
Article

Finding the New Normal in Hotel Operations After COVID-19

Hotel owners and operators are now strategizing for the anticipated continued rebound in room demand.
Elaine Sahlins • 5/28/2020
Food Halls (image)
Research

The Food Hall Model: Independent F&B’s Pathway to Post-COVID-19 Profitability

The food hall model, with its low cost of entry, could serve as a platform to relaunch many restaurant businesses.
Phil Colicchio • 5/27/2020
Data Centers Covid19 (image)
Article

Technology Trends Emerging Amidst COVID-19 Disruption

In this period of disruption, the world of data centers, network infrastructure, and their effect on global commerce have risen to the forefront.
Andrew Fray • 3/26/2020
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