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Global real estate market to stabilise
Real Estate

Global real estate market to stabilise

Leading diversified professional services and investment management company Colliers has released its 2023 Global Investor Outlook report, which has found that the stabilisation of the global real estate market will take hold by mid-2023. Despite the volatility of geopolitical tensions, economic sh...

Leading diversified professional services and investment management company Colliers has released its 2023 Global Investor Outlook report, which has found that the stabilisation of the global real estate market will take hold by mid-2023. Despite the volatility of geopolitical tensions, economic shocks and uneven monetary policy over the past year, countries including the UK and the US have already witnessed a rapid pricing reset however, this has not been universal. Investors can therefore expect significant differences in how the reset plays out across sectors and markets in 2023. Globally, Asia Pacific is the region most optimistic about economic growth. Over half of Asia Pacific investors (53 per cent) expect a positive impact as a result of economic growth within their own region, versus 41 per cent in EMEA and 38 per cent in the Americas. Similarly, 43 per cent of Asia Pacific respondents expect a positive impact as a result of global economic growth, above EMEA (38 per cent) and the Americas (28 per cent). Piyush Gupta, Managing Director, Capital Markets and Investment Services, Colliers India, has said, 鈥淓merging economies in Asia Pacific Markets likely to be resilient in 2023 compared to other markets. Markets like India are now seeing more depth in Real Estate Investments with a wider base of investors, strong performance of equity capital markets including REITs, listed equities, and capital inflows across the value chain of Development of Office and Residential Development. With the geo-political scenario emerging in Asia supported by a consistent Government policy framework, the industrial, logistics, and data centres sectors in India are likely to see tremendous growth. With global funds partnering with Indian developers, there is ample dry powder to be invested in the market in the next five years. This year is likely to see an investment of about $4.5 billion in the market, higher than 2021鈥�.

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