Economic recovery is well under way in Europe, although the Delta variant dampens some of the promise from the first half of the year. Investor sentiment is more resilient than the underlying occupier markets, but is heavily targeted toward the “beds, sheds and meds” sectors, according to UBS in the third edition of its European outlook report for commercial real estate investment.
The firm continues to expect stronger returns away from the most crowded part of the market, or through development targeting markets and sectors with the strongest occupational dynamics.
To read the full report, click here.
