Market sentiment hard to call but C-suite recruitment active

Market sentiment is currently hard to pin down, according to Serena Althaus, chair, Europe, at real estate recruitment specialist Ferguson Partners.

“Normally you get a sense of whether it’s a ‘wait-and-see’ culture or it’s a ‘cautious optimism’ culture and at the moment it’s really hard to tell how people are feeling about the market,” she said.

Nevertheless, there is movement in the industry. “Somewhat to our surprise, we’ve been incredibly busy for the first six months of this year,” Althaus told Real Asset Insight’s Richard Betts.

“I anticipate that’s probably going to slow down and that’s largely going to be driven by the capital markets activities which has also slowed down significantly.”

She said that activity has centred around “beds, meds, sheds and credit”.

“Then there’s been quite a lot in terms of succession hiring, so a lot of the C-suite stuff is what’s been driving our activity for the first six months,” she added.

Please click on the video above to watch the full interview or listen to the podcast below.