“Broadly speaking, it’s a very challenging market environment,” says Dan Valenzano, managing director and head of European value-add transactions, with PATRIZIA, when asked to describe the current investment environment in context of the macro situation and the trends driving real estate markets. In an interview published in the July/August issue of Institutional Real Estate Americas, Valenzano discusses these challenges, which include inflation, rising interest rates, rising operating costs and an unpromising prospect for growth. The turbulence does expose some opportunities for value-added investors, though, for which PATRIZIA employs a thematic approach and relies on its local presence in markets across Europe. To access a pdf of the Sponsored Section, click here.
