The policy cycle is peaking but is European CRE out of the woods?

Date: Thursday 21 September 2023

As we approach the peak of the monetary tightening cycle we assess what this means for UK and eurozone economic growth, inflation and interest rates. We explore the latest developments in the European commercial real estate market and assess if values have reached a turning point.

Mark Unsworth

Director, Real Estate Economics

Mark Unsworth

Director, Real Estate Economics

London, United Kingdom

Mark is responsible for the UK and European Real Estate Economics Service having joined Oxford Economics in 2021 following 6 years at Cushman & Wakefield as Partner – Head of EMEA Forecasting. At Cushman, Mark led the quarterly city-level property forecasting service, produced pan-European property market consultancy reports and authored a range of content on cyclical and thematic issues. Prior to that Mark spent 7 years at GIC Real Estate as an Assistant Vice President in their Global Research & Strategy team focussing on European market analysis, investment strategy and asset allocation.

Tomas Dvorak

Senior Economist

+44 (0) 203 910 8150

Tomas Dvorak

Senior Economist

London, United Kingdom

Tomas is a Senior Economist in the Macro and Investor Services’ eurozone team. He oversees the coverage of Central and Eastern Europe in addition to producing thematic research on the eurozone and developing modern, data-driven approaches to economic forecasting, including the use of alternative and high-frequency data.

Tomas holds an MA in economics from the University of Glasgow and an MSc in economics from the University College London. He previously worked as a data scientist at KPMG and as an advisor in the European Parliament.

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