PGIM Real Estate's
Trends For 2020

Real Estate Trends Set to Shape the Next 12 Months

 

Global Trends

More Employment Growth to Come

The current cycle continues to be driven by employment rather than productivity, while the stable outlook for global GDP growth points to another year of steady real estate returns.

Low Supply Environment Persists

The ongoing low supply environment continues to support prospects for rental growth, enhanced by a strong link with employment growth in the current cycle.

Further Scope for Yield Compression

Past interest rate increases have been weighing on real estate pricing, but the shift toward looser monetary policy paves the way for further yield compression in 2020.

Cross-Border Flows Weakening

Cross-border investment flows are weakening in the Americas and Europe, reflecting a wider slowdown in trade liberalization. Asia Pacific is bucking the trend.

 

Region-Specific Trends

Americas

 Download the Americas Trends Excerpt  

Asia Pacific

 Download the Asia Pacific Trends Excerpt  

Europe

 Download the European Trends Excerpt  

More Research


A Bird's Eye View of Real Estate Markets: 2017 Update