Growing aggregate private investment and rise in e-commerce spending in commercial real estate is boosting Europe Commercial Real Estate Market Forecast for 2023 -2027|Technavio
The Europe Commercial Real Estate Market is likely to experience steady growth because of growing aggregate private investment and a boost in e-commerce spending. Rising at a CAGR of 5.55%, the market is estimated to have an incremental growth of USD 80.59 Bn through 2023 till 2027 as per the market forecast.
Some of the leading market players are Aroundtown SA, Blackstone Inc., BNP Paribas, Covivio, CPI Property Group, Deutsche WohnenDeutsche Wohnen SE, Fastighets AB Baider, Futureal Management Szolgaltato Kft., HB Reavis Group, Jones Lang LaSalle IP, Inc., LEG Immobilien SE, Longfor Group Holdings Ltd., MITSUBISHI ESTATE Co., Ltd., REA Group Ltd., etc.
Europe Commercial Real Estate Market Analysis
As per a Technavio analyst: the “Quote” reason is expected to boost the growth of the commercial real estate market in Europe
Increasing interest rates and Uncertain macroeconomic conditions are expected to hinder the growth of the market. However, Increasing investments in the European commercial real estate market and Lucrative growth of the logistics market will have a positive impact on the commercial real estate market in Europe during the forecast period.
Technavio’s analysis of the Europe Commercial Real Estate Market also includes: