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8 // iberian.propery / 2017
events// ISSUE: TOP IBERIAN cities
EPRA challenged
the industry with
trends that will
change the real estate
EPRA (European Public Real Estate Association) challenged the real estate investment
industry with the Conference
“RE-Think 2017”
, and a high quality panel that launched a
debate about the future of the real estate industry. The conference, with an audience
of more than 350 professionals, took place in London last 6 and 7 September.
Niall Fergunson, professor at Stanford and Hoo-
ver Institute, was very forceful in its analysis, issu-
ing serious warnings about the uncertain times!
The policy of QE (Quantitative Easing), started by
FED, will have an impact on Europe, and force
BCE to reduce the support to economy. Thiswill
represent higher interests already next year. Also,
the debt problem has not found yet a solution,
«our governments seem to have given up to solve
the problem!»
Without the debt problem under
control and interests raising, Europe
«will expe-
rience problems again»
, warned Niall Fergunson.
On the Brexit, Niall Fergunsonwas even harsher...
Politician managed to create the illusion that
Brexit wouldn’t have consequences on Eng-
lish people returns. But the impact only now is
starting to make sense, with a slower growth,
the pound devaluing, and the first relocation
decisions being known. British returns will drop,
over the next years, and the more extreme the
Brexit the more it will be felt by the families!
Re-Think 2017