Dominique Moerenhout, CEO of the European Public Real Estate Association (EPRA), was a guest on the latest edition of Nareit’s REIT Report podcast.
Moerenhout today discussed the ongoing political changes in Europe and the UK and their impact on listed real estate. He said the EU’s new competitiveness focus will create a more business-friendly environment, while the UK Labour Party’s proactive policies and commitment to a new industrial strategy are “very welcome”. At the same time, political uncertainty in France following the recent elections poses “significant risks”, he said.
“Investors will need to proceed cautiously through these varied scenarios, balancing their opportunities with the potential changes ahead. In my view, a return to a normal real estate transaction market will likely take longer than initially anticipated or expected,” Morenhout said.
Elsewhere in the interview Moerenhout discussed:
- EPRA’s main objective is to ensure that the importance of real estate to Europe’s economy and society is well understood.
- The growth potential of Europe’s alternative asset sectors
- The latest on the adoption of the REIT model across Europe
- EPRA’s upcoming annual conference will take place in Berlin this September
