Real Estate Outlook – Europe, Edition 1 - 2022

Inflation yet to peak

Real estate 29 Mar 2022 8 min read
Zachary Gauge

Just as the COVID-19 pandemic appeared to be behind us, a war has started as Ukraine was invaded by Russia. We are not anticipating significant direct impacts on the European property market outside of CEE. However, the indirect impacts of higher energy costs and weakened business confidence may slow the economic recovery. Historic evidence suggests property pricing usually remains stable during crisis events unless accompanied by a major economic downturn.

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