Real Estate Convictions France : 1st half of 2018
While global growth forecasts for 2018 and 2019 remain strong, the pace of expansion appears to have peaked in some countries.
In the eurozone, forecasters see robust growth of 2% in 2018. However, GDP growth is expected to dip slightly in 2020 with the gradual disappearance of some supportive factors. The inflation rate is forecast to approach 1.7% on an annual basis, much higher than over the period 2009-2016.
While energy and food made significant contributions to this growth in 2017, nonvolatile components are set to take their place and drive identical inflation out to 2020. A change in the inflation regime, an advanced indicator of interest rate hikes, has therefore materialised.
In this context, Henry-Aurelien Natter analyse the european real estate market.
With a university education in local economic development, Daniel While began his career as business establishment consultant to local authorities. In 2006, he joined the Institut de l’Epargne immobilière et Foncière as analyst, and specialised in the world of unlisted real estate funds (SCPIs and OPCIs for France).
He is co-author of the book Les OPCI published by Delmas (September 2008). He joined Primonial REIM in 2017, where he held the position of Development Director, then Research & Strategy Director from 2019.
Henry-Aurélien Natter joined Primonial REIM as Research Manager in January 2018. He has the mission of developing the analyses of the Research & Strategy Department on the real estate markets, the economy and capital in France and in Europe.
Henry-Aurélien Natter began his career at Les Echos Etudes (formerly Eurostaf), then at C&W (formerly DTZ), and lastly at BNP PRE, where he acquired solid and varied experience in real estate research, strategy and finance. He is qualified with an AES degree in Business Management, a Masters Decree in management and SME management, and an International Master in commerce and marketing.