Euromoney Global Real Estate Awards 2023: CRE’s new reality

Real estate has been particularly exposed to the slowdown in bank lending. Nevertheless, logistics remains a bright spot as retail sites continue to adapt and office oversupply persists.

The retail real estate sector has worked hard to adapt to both changes in consumer habits and the boom in online retail. Both trends were already evident before the Covid pandemic but accelerated during it. Landlords left wondering what to do with once thriving city centre sites have focused on repurposing many of these spaces for a new era, one in which entertainment and health and wellbeing have become a pivotal part of the urban landscape.

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