The recent election of Donald Trump as the next U.S. president has caused both anticipation and concern among European real estate investors.
Trump's administration is expected to implement policies that could lead to higher inflation and an increased budget deficit. This could have an impact on the macroeconomic landscape in Europe, particularly for export-driven economies like Germany.
The introduction of tariffs is expected to slow economic growth in Europe and could have a negative effect on the commercial real estate market. However, there are also opportunities for real estate investors, particularly in the defense sector. As Europe increases its defense spending, there will be a demand for logistics and manufacturing real estate.
Residential real estate is also seen as a safe haven during times of economic volatility.
Overall, the interplay between structural changes and investor sentiment will be important in shaping the real estate market in Europe.