ALMOST HALF OF ALL EMEA REAL ESTATE INVESTORS EXPECT TO INCREASE THEIR PURCHASING ACTIVITY IN 2016
- Search for Yield Leads to Increased Interest in CEE -
- Germany Takes First Place as Investors’ Preferred Country -
- London Retains Preferred City Status-
Current high activity of all business entities confirms that global market maelstrom again could be an immense opportunity for Poland. The interest in possibility of entering our market could also be observed at ongoing MIPIM Trades. However, there are still numerous questions about political stability and changes that could impact on various economic areas. Nevertheless, it is noticed that initial fears may be reduced with appropriate policy. Many funds declare just Warsaw as their choice for intermediate and long-term investment programmes.
Daniel Bienias, Managing Director, CBRE Poland
There were a few stand-out themes in our survey this year, but the most interesting, to my mind, is investors’ purchasing activity. Almost 85% of respondents expect their purchasing activity in 2016 to remain higher or the same as last year. This result, taken alongside similar figures for investors’ selling intentions, indicates that we are set for another year of strong investment activity. Overall however, there was much less agreement amongst respondents on what constitutes the most attractive market and preferred investment strategy. As differences in opinion are what make a market, this would suggest that 2016 will be an interesting time in real estate across the EMEA region
Jonathan Hull, managing director of Investment Properties, EMEA at CBRE
About CBRE’s 2016 EMEA Investor Intentions Survey
The survey was carried out between 8th January 2016 and 4th February 2016. The survey attracted 1,255 responses globally, but respondents were first asked the global region for which they were most responsible. This report covers the 423 who responded in EMEA
These responses were spread across a range of types of real estate investors. The most numerous were fund/asset managers, who accounted for 42% of survey participants. A further 13% were pension funds, insurance companies or sovereign wealth funds. The other most numerous respondents were private equity/venture capital firms (11%), private property companies (10%) and listed property companies/REITs (10%).
The respondents were predominantly investors domiciled in Europe (87%). UK-domiciled investors were the most numerous, making up 26% of the total, followed by France (13%), Netherlands (12%) and Germany (12%). The respondents from outside Europe were mainly from North America (8%).