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Getting to Know Who's NEXT, vol. 1
Starting with the series of Getting to Know Who’s NEXT, Europe NEXT is featuring Simone Pozzato.
January 10, 2025
Anne Kavanagh, Chair, ULI Europe
The real estate industry is in a transformative period, full of both complexity and opportunity. Despite challenges such as uncertainty around moderate economic growth, inflation, and geopolitical shifts, this era of rapid technological advancement, demographic changes, and heightened climate awareness presents a unique chance to drive positive change across the sector. Key demographic shifts, such as an ageing population and the growth of single households, are emerging as significant drivers of investment, reshaping demand for housing, services, and experiential real estate. At ULI, we are embracing this evolution, uniting our members to navigate current challenges and capitalise on emerging opportunities.
While the geopolitical environment remains dynamic, the industry has an opportunity to adapt and build resilience. Geopolitical shifts, supply chain adjustments, and a changed monetary environment are reshaping economies, yet these changes create room for innovation in investment strategies. Governments are prioritising housing solutions, where new approaches are making previously challenging projects feasible. This landscape provides fertile ground to foster collaboration that can drive sustainable, community-focused solutions.
As values adjust to current market conditions, the industry is finding ways to respond positively. For example, the shift to hybrid work models is transforming office spaces, allowing owners to reimagine them in sustainable, forward-thinking ways. Meanwhile, efforts to retrofit properties to meet net-zero standards are setting a foundation for long-term success, building value that will resonate well into the future.
Artificial Intelligence (AI) is revolutionising various aspects within real estate. The Emerging Trends in Real Estate Europe 2025 report reveals 85% of respondents anticipate AI will have a significant impact on all areas of real estate over the next three to five years. This technology opens doors for greater efficiency and effectiveness, within market analysis and deal evaluation, and decision-making within the industry. ULI is ideally positioned to help the industry navigate these advancements, promoting a culture of innovation and exploration that benefits all stakeholders.
With 37% of global carbon emissions stemming from the real estate sector, the industry’s commitment to sustainability is stronger than ever. Through collaborative efforts, we are working towards impactful climate solutions that support the transition to a lower-carbon economy. Our European events like the Europe Conference and C Change Summit as well as local Conferences underscore the importance of integrating nature into our urban designs, building resilience, and enhancing the liveability of our cities.
However, sustainability encompasses more than environmental measures. ULI champions inclusivity and equality within the sector. Also inspired by the Paralympic Games in Paris we recognise the importance of creating accessible, inclusive and affordable urban environments and buildings that accommodate diverse populations and evolving demographic needs. Together, we are shaping cities that are adaptable, equitable, and inclusive for all.
The industry stands at a pivotal moment with tremendous potential for positive transformation. According to the World Economic Forum, 85% of the jobs of 2030 have yet to be created, highlighting the need for an adaptable and forward-thinking approach. ULI’s commitment to collaboration and innovation positions our community as a leader in creating resilient, future-proof urban landscapes.
As Chair of ULI Europe, I am inspired by our members’ efforts in embracing sector changes, driving social impact and advancing diversity, equity, and inclusion (DEI). The possibilities are vast, and our collective impact on the communities we serve is profound. I invite all members to actively engage with ULI, leveraging shared knowledge and collaboration to shape the future of our industry positively. Together, we will foster an industry that is stronger, more resilient, and more adaptable than ever before.
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