Equity markets rallied when Donald Trump was elected president in November 2016. For real estate securities, though, the environment has been more challenging.

Home ownership in Europe is becoming increasingly challenging — not because of a lack of willingness to become a homeowner, but because young people just can’t buy a home. Global competition, urbanisation, demographics and government policy are some of the guilty parties.

Not only must people and workspaces become more flexible, but they must also factor in a constant state of flux — and accept that condition.