Emerging trends in Real Estate® Europe 2008

March 2008

Emerging Trends in Real Estate® Europe 2008 is published jointly by PricewaterhouseCoopers and the Urban Land Institute. The survey represents the consensus view of 485 leading investors across Europe. The 2008 publication features investment and development prospects for 27 markets in countries throughout Europe, as well as views on the impact of the credit crunch on real estate capital markets.

The impact of the credit crunch and the end of European wide yield compression has not been even across Europe. 

In the markets to watch, Moscow and Istanbul ranked first and second, respectively, as this year’s top real estate markets in Europe for both investment and development prospects. Paris, which held the top investment rating in past years, slipped slightly, taking fifth place for investment prospects and sixth place for development prospects. However London, a long-time favourite, had one of the sharpest ratings drop and has fallen to 15th place for investment prospects and 13th place for development prospects.

We will be holding a breakfast briefing on 28th March in London at which we will present the findings of the report. A panel of experts from the industry will discuss the key findings of the report and the impact on the UK and the rest of Europe.

The panellists are:

• Ian Coull, Chief Executive, SEGRO plc
• Andrew Thornton, Founding Partner, Internos Real Estate Investors
• Seth M. Lieberman, Managing Director , European Real Estate Finance, UBS Investment Bank
• Pierre Cherki, European co-Chief Executive, RREEF

If you would like further information about the Urban Land Institute, please click here.