MIPIM: Real estate showing resilience despite challenges
Many people are questioning the fundamentals of the market and whether it is set up for resilience, said LaSalle Investment Management’s Europe COO Beverley Kilbride, speaking to Real Asset Media during the recent MIPIM real estate show in Cannes, France.
“I think the answer to that question is ‘yes’, irrespective of the sector,” she added.
However, there are definitely things that need to be anticipated: “We’re all questioning inflation, we’re questioning how that can impact each of the sectors positively or negatively and so there is a risk opportunity for everybody in the market at the moment.”
But Kilbride also pointed to the indirect benefits that can result from investment decisions in the real estate sector. For example, in the living sector, investing in a high quality senior living asset or portfolio can affect the wider living sector.
Creating accommodation for seniors can often free up space that can then be used by a whole family, Kilbride explained.
Please click on the video above to watch the full interview or listen to the podcast below.