While the industry leaders canvassed report little direct impact on their property portfolios from Russia’s invasion of Ukraine, the war’s consequences are seen in surging energy costs, above-average inflation and, latterly, rising interest rates. Real estate business confidence and expectations of profitability have dropped to a low level, reflecting widespread industry concerns across an array of indicators for the business, political and real estate environments. Seven out of 10 survey respondents believe Europe will move into recession before the end of 2022.
Opportunities for growth and a good return on investment still exist, but the equation of what makes a good deal has changed.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.
