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European property remains a stable safe haven

by Andrea Waitrovich

Real estate across Europe remains a stable, safe-haven asset class despite political, economic, demographic, technological and disruptive factors driving change and uncertainty, according to a new report released at MIPIM by Colliers International. “On the downside, the U.K. vote to leave the European Union, the rise of populist politics across Europe, and a new political regime in the U.S. all signify the prospect of major change,” said Damian Harrington, head of EMEA research at Colliers International. “Yet on the upside we continue to see economic growth in Europe, and investment capital continues to build its appetite for real estate globally — primarily driven by the continued search for yield and income.” Colliers’ report, In the Balance: EMEA 2017, reveals the correlation between growth in office-based jobs and office investment turnover during the past economic and investment cycle is absolutely clear. In order to maintain this positive out

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