Mike Sales, CEO of TH Real Estate, believes a surprise monetary policy move or demand-led shock will trigger the next downturn in the European real estate industry.
What do you hope for most for your business/sector in 2018?
Sustainable growth.
What do you fear the most in the coming year in terms of impact on your business?
A hard Brexit and rising interest rates.
Will you be expanding or scaling down your business in 2018?
Expanding.
What is set to have the biggest impact on your business?
Technology.
What will trigger the next downturn in the European real estate industry?
Monetary policy shock or a demand-led shock.