Dominique Moerenhout, CEO of EPRA, the European Public Real Estate Association, was a guest on the latest edition of Nareit’s REIT Report podcast.
Moerenhout discussed political changes underway in Europe and the U.K. today and their impact on listed real estate. He noted that the EU's new competitiveness focus will create a more business-friendly environment, while the U.K. Labour party’s proactive policies and commitment to a new industrial strategy are “very welcome.” At the same time, political uncertainty in France following recent elections poses “significant risks,” he said.
“Investors will need to navigate these varied landscapes carefully, balancing their opportunities with the potential changes ahead. The return to, in my view, a normal real estate transactions market will probably take more time than initially anticipated or hoped for,” Moerenhout said.
Elsewhere in the interview, Moerenhout discussed:
- EPRA’s key objectives to ensure that the importance of real estate to Europe’s economy, and society, is well understood
- The growth potential of Europe’s alternative property sectors
- The latest on the adoption of the REIT model across Europe
- EPRA’s upcoming annual conference this September in Berlin