Real Estate Trends
ULI OnPoint, which first launched in January, was adapted and tailored for the Asia Pacific region in March.
As part of the 2021 ULI Virtual Europe Conference in February, high-level ULI members from across the global finance and investment sector gathered virtually to discuss capital flows, real estate market dynamics, and debt and equity markets. Among the trends discussed were an acceleration of deglobalization, shifting from “just in time” to “just in case” deliveries, and more interest in the hyperlocal, also characterized as “love thy neighborhood.”
ULI has been working in collaboration with a select group of corporate members to produce a “roadmap” for social value measurement that identifies the obstacles, gaps, frameworks, and tools that are available to set targets, manage and measure social impact, and examine best practices already applied from across the real estate industry.
Monday marked the beginning of the 28-day-long celebration of Black History Month in the Americas. Established in 1926 by Carter G. Woodson as Negro History Week, the week of recognition was expanded and renamed Black History Month in the 1970s. Black History Month is officially celebrated during February in the United States and Canada and during October in Ireland, the Netherlands, and the United Kingdom. In the spirit of this month, we would like to highlight what we are doing to continue to promote diversity, equity and inclusion in both ULI as an organization and for the broader real estate industry as a whole.
ULI Europe has officially launched ULI Denmark, its 15th national council. Jesper Bo Hansen, head of corporate finance at Catella, will be the chair, serving a two-year term on a voluntary basis, and will be joined by an executive committee of local industry leaders.
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.
The Villages, a retiree-focused community northwest of Orlando, in 2020 once again topped RCLCO’s listing of the 50 top-selling U.S. master-planned communities. Total new home sales among the communities were 20 percent higher in 2020 than the previous year, RCLCO reported.
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 ® Europereport. 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: The pandemic has triggered a bigger decline in hotel and resort revenues (measured by revenue per available room) than the previous five economic crises combined, said panelists speaking on the hotel and resort sector outlook during the 2020 ULI Virtual Fall Meeting.
Housing Industry Finds Unexpected Strength in Certain Products in the Face of COVID-19 and Recession
Despite COVID-19 and the recession, the housing industry is seeing unexpected resilience in certain segments of the market, speakers said at the Housing Trends and Outlook session at the ULI Virtual Fall Meeting.