In fall 2020, Allen Matkins and the ULI Center for Capital Markets and Real Estate held a roundtable discussion, in two parts, featuring several industry leaders. Each speaker shared insights regarding the effect that COVID-19 has had on capital markets, mainly in real estate, as well as their forecasts for the coming year. Other topics discussed included which sectors of the market are strong, and which should you avoid; and what the thoughts and strategies of some of the major players in real estate financing and
ULI MEMBER–ONLY CONTENT: Real estate investors gathered for a panel at the ULI China Real Estate Investment Summit said they are optimistic about continued opportunities in China across a broadening group of sectors and product types, a position echoed by a second panel featuring Chinese developers. The summit was held in December with both virtual and in-person participants, as well as tours in Shanghai.
ULI MEMBER–ONLY CONTENT: With recovery from the global pandemic well underway, China has areas of stability and opportunity it can capitalize on as it enters the new year, panelists said at the ULI China Real Estate Investment Summit in December. China is expected to be the only G20 economy to have seen economic growth in 2020.
ULI MEMBER–ONLY CONTENT: Commercial real estate is likely to have a good year in 2021 — despite the devastation caused by the coronavirus, according to industry leaders at the 27th annual ULI/McCoy Symposium on Real Estate Finance.
Real estate investors are increasingly targeting the life sciences sector, according to JLL, a bet that the critical role it has been playing during the pandemic is set to continue.
While the success of Asia Pacific governments in containing the spread of COVID-19 has helped limit its impact on local real estate markets, concerns are growing that a correction may be in the cards next year, according to the Emerging Trends in Real Estate® Asia Pacific 2021 report. Singapore, Tokyo, and Sydney continue to rank as the top three markets for investment and development prospects in the region.
CBRE has released the 2021 U.S. Real Estate Market Outlook, calling for a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back. The outlook anticipates that sectors like office, retail, and hotels will begin a slow recovery next year.
Europe’s property sector is in the midst of a cyclical downturn that is coinciding with long-term structural changes in real estate, according to the 18th edition of the Emerging Trends in Real Estate® Europe report. However, according to the PwC and ULI survey of almost 1,000 industry leaders across Europe, real estate generally is seen as one of the few asset classes to generate acceptable returns at a time of low or negative interest rates.
ULI MEMBER–ONLY CONTENT: In a new survey conducted by ULI and EY, real estate professionals said that they overwhelmingly expect increased remote working, including more working from home (96 percent), more remote working away from the home (72 percent), and more use of satellite offices at the edge of cities (67 percent).
Through the new Yield Chicago program, seasoned and emerging development professionals are joining to share industry knowledge, networks, and best practices.