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Despite two periods of economic downturn over the last two decades - the global financial crisis and the COVID-19 pandemic – housing prices in Europe have continued to rise. We present an assessment of the long-term developments in household expenditure across the EU28 and the impacts of these crises on house price trends.
There is much cause for optimism regarding Africa’s future. Already the world’s youngest continent, by 2030, it will trail only Asia in the global urbanisation charts. Its cities are youthful, thrusting and ambitious places. Some – the titular superstars of this report – make a spectacularly outsized contribution to the continental economy. Urban centres are well established as the primary engine rooms of growth, opportunity and prosperity across the world. This is one of the few respects in which Africa is not exceptional. If the continent is to make good on its potential, the enormous promise of these superstar cities must be harnessed by public and private sector alike.
In any given year, the construction, operation and decommissioning of buildings will be responsible for roughly 40% of total global greenhouse gas emissions. There can be no doubt, then, that the built environment is a linchpin of the international coalition of industries seeking to remediate damage caused by historic, carbon-intensive practices. As such, to probe the attitudes of the sector’s people is to open a window on our collective prospects of avoiding climate catastrophe. The World Built Environment Forum Sustainability Report 2021 may well be the largest such exercise ever commissioned.
Sentiment indicators, such as the RICS GCPM, play an important role in the analysis of real estate markets. We present independent statistical analysis corroborating their role as early trend indicators and/or as proxy indicators.
This report was not commissioned by RICS World Built Environment Forum. Nor do its findings represent the official position of the European Central Bank. It is, instead, the independent work of the authors. Their findings are truly remarkable.
This report considers the nature and extent of barriers inhibiting private investment into infrastructure projects. It makes 11 practical, market-facing recommendations on how infrastructure development plans and pipelines can be converted into investable projects.