PwC and the Urban Land Institute examine how political instability, capital flows, and shifting tenant preferences could reshape commercial real estate in 2017. The paper argues investors increasingly favor “safe haven” assets while questioning whether traditional property models can adapt to growth, Brexit uncertainty, demand.
Emerging Trends in Real Estate: United States and Canada 2017
PWC
Hugh Kelly
Research
108 Pages
Key Takeaways
Political Risk Concerns: About 89% of survey respondents ranked international political instability as a top concern, while 63% expressed anxiety around domestic political stability.
Flight To Quality: More than 1,500 industry participants highlighted continued demand for prime assets in gateway cities despite slower economic growth and elevated pricing pressure.
Structural Industry Shift: The paper suggests real estate is evolving from a financial asset into a service driven business, with 500+ interviews reinforcing changing tenant expectations.