Over the last year, the world economy has been affected by a health emergency and the measures that governments have put in place to tackle it. Extensive lockdowns throughout 2020 resulted in overall falls in activity of a kind that Europe has never seen before.
In our enclosed forecast numbers, we provide our view on how these structural changes in real estate are likely to shape the performance of the different sectors over the medium term.
Given these factors we believe that in a period of uncertainty, investors will seek income and safety and will turn to real estate.
