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Real estate leaders continue to grapple with a cost-of-capital crisis compounded by a challenging economic outlook and growing ESG pressures, ULI PwC Emerging Trends in Real Estate®
According to the latest Emerging Trends in Real Estate® Europe report from PwC and the Urban Land Institute (ULI), 75% of real estate leaders agree current valuations “do not accurately reflect” all the challenges and opportunities in real estate, as a wedge continues to be driven between market price expectations and book valuations. Fears over “catching a falling knife” are expressed by many of the more than 1000 industry leaders canvassed for the report, as huge uncertainty continues to pervade the market in Europe and...
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