Global Outlook Europe

Investment Perspectives - European Overview

A highly unusual year comes to an end in Europe after navigating war, historically high energy prices, and rising bank rates. Looking into 2023, the market will remain unpredictable but is starting out comparatively healthy. We believe disruption will drive opportunity and deep local presence helps ensure income resilience while we weather the storm.

We see potential in repositioning non-core value-add assets and undermanaged properties and no longer see a standout sector. The ability to understand nuances of quality within a product type has become more important. For Industrial, the fundamentals remain for the right assets. Living is looking beyond stable and regulated. There is a smaller pool of viable assets in Office. And Retail is faring better than one might think.

Disruption provides the opportunity to double-down on resiliency for investors and occupiers and for us, a central thread of ESG runs through our responsible real estate investing.

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Local Impact: Shaping our Communities

Europe’s project portfolio includes the convergence of old and new in sectors from office to mixed-use. Shaping cities into destinations that connect the community and occupiers through experience and sustainability.


Making the Invisible Visible in Upcoming District

Aer will breathe new light into the district of Neuperlach with sustainable restructuring and efficient conversion of the old with the new.

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New Town Center that Unites the North and South

Central Plaza brings together thousands of people in a stunning new work and social environment.

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A Model for Urban Regeneration

MilanoSesto, Italy's largest urban regeneration project, will bring new life in advanced models of social inclusion and environmental sustainability.

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Tower Brings New Shape to the Skyline of La Defense

Tour Hekla is a packaged design for a new way of working that unites well-being, hospitality, and sustainability in a transforming neighborhood of Paris.

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Heritage Mixed-Use Scheme Draws on Buildings' History

Trinity Quarter will redefine a mid-18th century building into a new quarter for shopping and relaxation.

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The content herein and in the report is provided for informational purposes only. Nothing above or in the report constitutes investment, legal, or tax advice or recommendations. Such content should not be relied upon as a basis for making an investment decision and is not an offer of advisory services or an offer to invest in any product or asset class. It should not be assumed that any investment in an asset class described herein will be profitable. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice. Opinions or beliefs expressed in these materials may differ or be contrary to opinions expressed by others. Certain information above and in the report has been obtained from third-party sources. Hines has not independently verified such information.