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ARTICLE · 04 DECEMBER 2023

The Evolution Of Core Real Estate

Macfarlanes LLP
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One silver lining of lower transaction volumes and a slower capital raising environment is the opportunity to pause for thought and consider how the shifting tectonic plates...

European UnionReal Estate and Construction
Nicole Mitchell
Nicole Mitchell

One silver lining of lower transaction volumes and a slower capital raising environment is the opportunity to pause for thought and consider how the shifting tectonic plates of the real estate market may shape the future investment landscape.

There is much to process, not least reconciling medium-term considerations such as a "higher for longer" interest rate environment, geo-political and continued inflationary risk and a different relative value proposition for real estate when compared to fixed income investments, against the longer-term backdrop of capital intensive ESG requirements, stranded asset risk and fundamental, structural changes impacting what we demand from our built environment.

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