RICS Monitor: Why 2026 Is a Market of Specific Opportunities | Tarrant Parsons & Laura Valean скачать в хорошем качестве

RICS Monitor: Why 2026 Is a Market of Specific Opportunities | Tarrant Parsons & Laura Valean

Commercial real estate sentiment is improving globally, but the recovery is far from uniform, according to the results of the latest surveys released by the Royal Institution of Chartered Surveyors in London. The Americas, led by the U.S., are seeing clearer signs of momentum, while parts of Europe remain cautious and Asia Pacific presents a mixed picture. “Markets aren’t moving together,” said RICS Head of Market Analytics Tarrant Parsons in this podcast. “Different regions are at different points in the cycle.” Hosted by CPE Senior Editor Laura Valean, this RICS Monitor episode explores the widening gap between prime and secondary assets, the persistence of the "flight to quality" trend, and why older office buildings may never return to pre-2019 valuations. Parsons also weighs in on the so-called maturity wall in the U.S., tightening lending conditions in Europe, and the risks of capital crowding into alternatives like data centers and student housing. One of the most striking data points? The share of respondents viewing real estate as "expensive" has fallen to its lowest level in a decade, suggesting a recalibration across many markets. Still, geopolitical risks, policy shifts and sector-specific headwinds remain very real, so focusing on specific cities and property types where fundamentals genuinely support growth will be key going forward as broad regional bets may no longer work. Here are the main topics covered in this conversation: • (0:38) What regional divergence means in practical terms • (2:23) The “flight to quality” trend • (4:17) Bifurcation between prime assets and secondary stock • (6:22) Credit conditions in North America and Europe • (8:04) Timing the economic cycle • (9:56) Industrial and logistics assets’ resilience • (12:03) The future of office demand • (14:15) Retail reinvestment vs repurposing • (15:34) Is capital crowding into alternative assets? • (17:59) Real estate valuation • (20:18) Macro risks in 2026 • (21:41) Strategic takeaways for CRE professionals planning for 2026 #economy #trends #podcast #commercialrealestate