The Unwinding of quantitative easing (QE) which has been highly distortive to global markets pushing investors towards higher risk and higher yields, will define the external environment for real estate. It will create uncertainty, though not to the extent that it poses a risk to real estate. The scale of the task is huge. The total global expectation for real estate transactions is 60bn dollars and 80 bn dollars for 2017 and 2020. Total EMEA expectations for real estate transactions is 20.5bn dollars and 22.5bn dollars for 2016 and 2017.
