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The real estate sector faces a difficult global economic environment as central banks continue to tighten monetary policy. Global growth fears are also dampening demand. Potentially supportive factors exist too – for example, the value of rents in inflationary periods – but a differentiated view of the sector is important. 

In our latest CIO Special, 'U.S. and European real estate: taking a closer look', we focus on:

  • How central bank action is cooling real estate markets through rising interest rates and monetary tightening 
  • Difficulties regarding construction activity levels and the issue of rising of input costs
  • Varying circumstances and performance outlooks of several real estate sectors and the reasons for it

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Our CIO Special is now available to download. Please refer to the Important Information at the end of the report for disclosures and risk warnings.

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No assurance can be given that any forecast or target can be achieved. Forecasts are based on assumptions, estimates, opinions and hypothetical models which may prove to be incorrect. Past performance is not indicative of future returns. Performance refers to a nominal value based on price gains/losses and does not take into account inflation. Inflation will have a negative impact on the purchasing power of this nominal monetary value. Depending on the current level of inflation, this may lead to a real loss in value, even if the nominal performance of the investment is positive.

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Change of name: As part of Deutsche Bank’s Private Bank, the former International Private Bank also adopted this title on July 20, 2023.

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