by Property Forum
Europe's real estate recovery will remain uneven and take longer than previously anticipated, according to the Emerging Trends in Real Estate® Europe 2027 report published by PwC and the Urban Land Institute (ULI). Based on surveys and interviews with 1,498 property professionals, the report finds that only 45 percent of respondents expect business profitability to improve in 2027, down from 50 percent in the previous edition. Headwinds include higher bond yields, geopolitical instability, rising energy and construction costs, and higher-for-longer interest rates. Increased regulation is a top-three concern for 38 percent of respondents, while national political instability is a growing worry for 41 percent.
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