We started 2022 with optimism and confidence. The second half of 2021 reflected a clear recovery in all real estate segments and even historical highs in some indicators. In this sixth edition of the Real Estate Market Outlook report, we project the maintenance of growth in 2022 and the approach, or even return, to pre-pandemic levels in most asset classes.

On one hand, occupancy fundamentals are robust. There is solid demand, rising rents and sales prices and an interesting pipeline of new projects. On the other hand, there is still a high level of liquidity to invest in the real estate market, both in the development of projects and in the acquisition of investment properties. We see new asset classes emerging, such as affordable housing, senior residences and data centres, and others in strong growth, namely logistics and student residences.

Sustainability will be particularly prominent in 2022, with building owners, operators and occupiers aligning on ESG strategies.