The movement of capital from East to West is likely to remain the major influence on real estate markets in 2015, according to Global Emerging Trends in Real Estate® 2015, an annual forecast of global real estate investor sentiment, published jointly by PwC and ULI.
The report, based on the views of senior global property investors, identifies several “megatrends” affecting markets around the world, each of which has implications for development and investment:
- Increasing urbanization (the majority of the world’s population now lives in urban areas).
- Demographic and social changes (including a significant rise in the number of older and elderly people).
- Technology advancements.
- The rise of economic power in emerging markets (due largely to an expanding middle class).
- Climate change.
Download your free copy of the global 2015 Emerging Trends report.