Emerging Trends in Real Estate®, copublished annually by ULI and Corporate Member PwC in separate editions for the Americas, Europe, and the Asia Pacific regions, is a prime example of member expertise serving as ULI’s content, and of the Institute’s time-honored tradition of members sharing knowledge for the benefit of other real estate professionals and the industry in general.
The highly regarded and anticipated report prepared by ULI’s Center for Capital Markets and Real Estate provides an outlook on real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues. The three editions of the 2019 report were based on the insights and opinions of nearly 4,000 ULI members and industry leaders from around the globe, including investors, fund managers, developers, property companies, lenders, brokers, advisers, and consultants. Each was published in fall 2018.
Together, the reports reflected remarkably consistent predictions about real estate and the economy in 2019, including:
– Change is to be expected this late in an economic cycle, but change can be managed;
– Global capital flows are shifting;
– Investors and developers are accommodating rapid advancements in technology as well as other evolving conditions; and
– High property prices in prime markets continue to drive investors to less expensive markets.