{"id":41159,"date":"2022-11-29T12:15:06","date_gmt":"2022-11-29T09:15:06","guid":{"rendered":"https:\/\/emlaktuel.com\/?p=41159"},"modified":"2022-11-29T12:15:06","modified_gmt":"2022-11-29T09:15:06","slug":"avrupada-gayrimenkul-degerlerinde-ve-finansmaninda-dusus-kapida","status":"publish","type":"post","link":"https:\/\/emlaktuel.com\/?p=41159","title":{"rendered":"Avrupa\u2019da gayrimenkul de\u011ferlerinde ve finansman\u0131nda d\u00fc\u015f\u00fc\u015f kap\u0131da"},"content":{"rendered":"

 <\/strong>Gayrimenkul sekt\u00f6r\u00fcndeki g\u00fcven ve k\u00e2rl\u0131l\u0131k beklentilerinin geriledi\u011fini, buna kar\u015f\u0131l\u0131k resesyon beklentisinin b\u00fcy\u00fcd\u00fc\u011f\u00fcn\u00fc ortaya koyan rapora g\u00f6re, \u00f6n\u00fcm\u00fczdeki y\u0131l gayrimenkul de\u011ferlerinin d\u00fc\u015fmesi ka\u00e7\u0131n\u0131lmaz. 2023 y\u0131l\u0131na dair en \u00e7ok endi\u015fe yaratan konular ise in\u015faat maliyetleri ve kaynaklar\u0131n bulunabilirli\u011fi, bor\u00e7 ve sermayeye eri\u015fim olacak.<\/em><\/p>\n

PwC ve Urban Land Institute (ULI) i\u015f birli\u011fi ile haz\u0131rlanan Gayrimenkulde Geli\u015fen Trendler\u00ae Avrupa 2023 raporunun sonu\u00e7lar\u0131, \u0130stanbul\u2019da sekt\u00f6r temsilcilerinin bir araya geldi\u011fi toplant\u0131da kamuoyu ile payla\u015f\u0131ld\u0131. Avrupa gayrimenkul sekt\u00f6r\u00fc liderlerinin 2023 y\u0131l\u0131 \u00f6ng\u00f6r\u00fclerini ortaya koyan ara\u015ft\u0131rmaya g\u00f6re, sekt\u00f6rdeki g\u00fcven ve k\u00e2rl\u0131l\u0131k beklentileri d\u00fc\u015ft\u00fc. Bu e\u011filim, ge\u00e7en y\u0131l Avrupa ekonomileri pandeminin olumsuz etkilerini yava\u015f yava\u015f atlat\u0131rken kaydedilen sekt\u00f6rel g\u00fcven art\u0131\u015f\u0131 r\u00fczg\u00e2r\u0131n\u0131n tersine d\u00f6nmesi ad\u0131na \u00e7arp\u0131c\u0131.<\/p>\n

Rapor i\u00e7in g\u00f6r\u00fc\u015flerine ba\u015fvurulan Avrupa \u00e7ap\u0131nda yakla\u015f\u0131k 1000 gayrimenkul liderinin b\u00fcy\u00fck \u00e7o\u011funlu\u011fu i\u015f d\u00fcnyas\u0131, politika ve gayrimenkul ortamlar\u0131na y\u00f6nelik \u00e7e\u015fitli g\u00f6stergelerle ilgili endi\u015fe ta\u015f\u0131yor. Endi\u015fe kayna\u011f\u0131 olan konular\u0131n ba\u015f\u0131nda %91\u2019lik bir oranda enflasyon gelirken, bunu faiz oranlar\u0131ndaki de\u011fi\u015fiklikler (%89) ve Avrupa\u2019daki ekonomik b\u00fcy\u00fcme (%88) izliyor. Kat\u0131l\u0131mc\u0131lar\u0131 kayg\u0131land\u0131ran di\u011fer konular ise s\u0131ras\u0131yla k\u00fcresel (%79), b\u00f6lgesel (%68) ve ulusal (%54) \u00e7apta ya\u015fanan politik belirsizlikler. <\/p>\n

Gayrimenkul sekt\u00f6r\u00fc \u00f6zelinde ise in\u015faat maliyetleri ve kaynaklar\u0131n bulunabilirli\u011fi 2023 y\u0131l\u0131na dair en \u00e7ok endi\u015fe yaratan konular. Her 100 kat\u0131l\u0131mc\u0131dan 92\u2019si maliyetler, 84\u2019\u00fc ise kaynaklar hakk\u0131nda endi\u015feli oldu\u011funu belirtiyor. Bir di\u011fer \u00f6nemli nokta ise, \u00f6nceki y\u0131llara k\u0131yasla bu sorunlar\u0131n daha uzun s\u00fcreyle etkili olaca\u011f\u0131na dair beklenti; \u00e7\u00fcnk\u00fc kat\u0131l\u0131mc\u0131lar\u0131n %76\u2019s\u0131 maliyetlere, %73\u2019\u00fc ise kaynaklara ili\u015fkin problemlerin \u00f6n\u00fcm\u00fczdeki \u00fc\u00e7 ila be\u015f y\u0131l i\u00e7inde sekt\u00f6r\u00fc etkileyece\u011fini s\u00f6yl\u00fcyor. T\u00fcm bu \u00f6ng\u00f6r\u00fcleri \u015fekillendiren unsur ise, resesyon beklentisi. \u00c7\u00fcnk\u00fc ara\u015ft\u0131rmaya g\u00f6re gayrimenkul liderlerinin %71\u2019i 2022 y\u0131l\u0131 bitmeden Avrupa\u2019n\u0131n resesyona girece\u011fine inan\u0131yor. Ger\u00e7ekle\u015fmesi halinde imar faaliyetlerini, finansmana eri\u015fimi ve yat\u0131r\u0131m hacimlerini do\u011frudan etkileyecek resesyon ihtimali nihayetinde doluluk oranlar\u0131na, kiralara ve gayrimenkul de\u011ferlerine de olumsuz yans\u0131yacak. Birincil ve ikincil gayrimenkuller aras\u0131ndaki fiyat fark\u0131 da a\u00e7\u0131lacak.<\/p>\n

Gayrimenkulde Geli\u015fen Trendler\u00ae Avrupa 2023 rapor sonu\u00e7lar\u0131n\u0131 de\u011ferlendiren PwC T\u00fcrkiye Gayrimenkul Sekt\u00f6r\u00fc Lideri Ersun Bayraktaro\u011flu<\/strong> raporu \u015funlar\u0131 s\u00f6yledi: <\/p>\n

\u201cBu y\u0131lki rapordan da a\u00e7\u0131k\u00e7a g\u00f6r\u00fclece\u011fi \u00fczere sava\u015f\u0131n yaratt\u0131\u011f\u0131 enerji krizi ve onun sonucu olarak artan enflasyon, Avrupal\u0131 gayrimenkulc\u00fclerin pandemi d\u00f6nemi sonras\u0131 ye\u015feren \u00fcmitlerini ertelemelerine sebep oldu. Artan in\u015faat maliyetleri ve fona ula\u015f\u0131m \u00f6n\u00fcm\u00fczdeki \u00fc\u00e7 be\u015f y\u0131l i\u00e7in Avrupa\u2019l\u0131 gayrimenkulc\u00fcleri endi\u015felendiriyor. Yeni geli\u015ftirmenin s\u0131n\u0131rl\u0131 kalmas\u0131n\u0131n mevcut gayrimenkul sto\u011funa y\u00f6nelimi art\u0131r\u0131rken, gerek de\u011fi\u015fen al\u0131\u015fkanl\u0131klar, gerek teknoloji ve gerekse de kentlerin d\u00f6n\u00fc\u015f\u00fcm\u00fc sebebiyle i\u015flevini gere\u011fi gibi yerine getiremeyen gayrimenkul sto\u011funun ihtiyaca en uygun \u015fekilde d\u00f6n\u00fc\u015f\u00fcm\u00fc bu d\u00f6nemin en \u00f6nemli arz\u0131n\u0131 yaratacak gibi. Avrupa gayrimenkul\u00fcn\u00fcn bu zor d\u00f6neminde kent s\u0131ralamas\u0131nda her zaman oldu\u011fu gibi piyasan\u0131n derinli\u011finin en \u00f6nemli fakt\u00f6r olarak ortaya \u00e7\u0131kmas\u0131 \u015fa\u015f\u0131rt\u0131c\u0131 de\u011fil. Maliyetlerin y\u00fcksekli\u011fi, fona ula\u015fmadaki s\u0131k\u0131nt\u0131 ve bu sebeplerle yeni arz\u0131n s\u0131n\u0131rl\u0131 olmas\u0131 mevcut piyasada al\u0131c\u0131 ve sat\u0131c\u0131lar\u0131n \u00e7ok daha kolay kar\u015f\u0131 kar\u015f\u0131ya gelebildi\u011fi kentleri \u00f6n plana \u00e7\u0131kar\u0131yor. \u0130stanbul, bir s\u00fcredir oldu\u011fu gibi hem piyasan\u0131n derin olmamas\u0131 hem de ve belki de daha \u00f6nemlisi konut d\u0131\u015f\u0131ndaki gayrimenkul alanlar\u0131na gereken de\u011ferin ve \u00f6nemin verilmemesi ba\u015fta olmak \u00fczere pek \u00e7ok sebepten dolay\u0131 listenin en alt\u0131nda yer al\u0131yor bu y\u0131l da. <\/p>\n

T\u00fcm bunlara ra\u011fmen Avrupal\u0131 gayrimenkulc\u00fcler gelecekten umutlular. Ba\u015fta enflasyon olmak \u00fczere mevcut problemlerin, \u00f6n\u00fcm\u00fczdeki  3-5 y\u0131l i\u00e7inde \u00e7\u00f6z\u00fclece\u011fine ve \u00e7evresel, sosyal, kurumsal y\u00f6neti\u015fim ilkelerine ba\u011fl\u0131, sosyal etkiyi ve \u00e7e\u015fitlili\u011fi \u00f6n planda tutan gayrimenkul yat\u0131r\u0131mlar\u0131 ile yeniden beklenen getirilere ula\u015facaklar\u0131na inan\u0131yorlar. Bunu ger\u00e7ekle\u015ftirmek i\u00e7in de gayrimenkul sekt\u00f6r\u00fcndeki kurumlar\u0131n h\u0131zla yeni d\u00f6neme uygun bir \u015fekilde d\u00f6n\u00fc\u015fmelerini ve gayrimenkul\u00fcn \u00e7a\u011fa ayak uydurmas\u0131n\u0131n \u00f6nemli oldu\u011funun alt\u0131n\u0131 \u00e7iziyorlar. \u2019<\/p>\n

Yat\u0131r\u0131m ve geli\u015ftirme potansiyeli a\u00e7\u0131s\u0131ndan Avrupa kentleri s\u0131ralamas\u0131<\/strong><\/h2>\n

Bu y\u0131lki raporda, yat\u0131r\u0131m ve geli\u015ftirme beklentilerine g\u00f6re kent s\u0131ralamalar\u0131nda Londra zirvedeki yerini koruyor. Ge\u00e7en y\u0131l oldu\u011fu gibi bu y\u0131l da Londra, ba\u015fta ofis ve lojistik olmak \u00fczere genel g\u00f6r\u00fcn\u00fcm a\u00e7\u0131s\u0131ndan Avrupa’n\u0131n en tercih edilen kenti olmaya devam ediyor. Perakende ve konaklama da turizmdeki canlanma ile sa\u011flam bir destek g\u00f6r\u00fcyor. Daha geni\u015f ve derin bir piyasan\u0131n kal\u0131c\u0131 cazibe noktalar\u0131 bu duyarl\u0131l\u0131\u011f\u0131 destekliyor. Londra’n\u0131n yat\u0131r\u0131m piyasas\u0131n\u0131n derinli\u011fi, bu y\u0131l ikincilik koltu\u011funu Berlin’den devralan Paris’in tek rakip olarak g\u00f6r\u00fcnd\u00fc\u011f\u00fc kapsaml\u0131 \u201cmetropolitan b\u00f6lgesinin\u201d b\u00fcy\u00fckl\u00fc\u011f\u00fcn\u00fc yans\u0131t\u0131yor. \u0130stanbul, T\u00fcrkiye\u2019den temsil edilen tek kent olarak 30 Avrupa kentinin yer ald\u0131\u011f\u0131 listede 29. s\u0131rada yer al\u0131yor. <\/p>\n

Gayrimenkulde Geli\u015fen Trendler\u00ae Avrupa 2022 listesinin ilk 10 kenti\u2026<\/strong><\/h2>\n
    \n
  1. Londra <\/li>\n
  2. Paris <\/li>\n
  3. Berlin <\/li>\n
  4. Madrid <\/li>\n
  5. M\u00fcnih <\/li>\n
  6. Amsterdam <\/li>\n
  7. Frankfurt <\/li>\n
  8. Hamburg <\/li>\n
  9. Barselona <\/li>\n
  10. Milano<\/li>\n<\/ol>\n

    ESG, sekt\u00f6r\u00fcn gelecek 20 y\u0131l\u0131n\u0131 \u015fekillendirecek<\/strong><\/h2>\n

    Ara\u015ft\u0131rma bulgular\u0131na g\u00f6re Avrupa\u2019daki gayrimenkul sekt\u00f6r\u00fc liderleri, sekt\u00f6r\u00fcn uzun vadeli vizyonunu da ortaya koydu.<\/p>\n

    Geride b\u0131rakt\u0131\u011f\u0131m\u0131z son iki y\u0131lda pandemi, tedarik zinciri krizi, i\u015f g\u00fcc\u00fc mobilitesi ve dayan\u0131kl\u0131l\u0131k sorunlar\u0131 gibi bir\u00e7ok fakt\u00f6r yap\u0131sal de\u011fi\u015fikli\u011fi h\u0131zland\u0131rd\u0131. Hemen hemen t\u00fcm sekt\u00f6rlerde de\u011ferler ciddi bir d\u00f6n\u00fc\u015f\u00fcm ge\u00e7irirken; \u00c7evresel, Sosyal ve Kurumsal Y\u00f6neti\u015fim (ESG) giderek daha fazla \u00f6nem kazand\u0131. Nitekim rapor i\u00e7in g\u00f6r\u00fc\u015flerine ba\u015fvurulan isimler de \u201cESG odakl\u0131l\u0131k gayrimenkul sekt\u00f6r\u00fcnde \u00f6n\u00fcm\u00fczdeki 20 y\u0131l\u0131n en etkili trendi olacak\u201d g\u00f6r\u00fc\u015f\u00fcnde birle\u015fiyor. Finansal getirinin yan\u0131 s\u0131ra insana, \u00e7evreye ve d\u00fcnyaya odaklanarak, t\u00fcm payda\u015flar\u0131n menfaatlerini g\u00f6zetecek \u201csorumlu kapitalizm\u201d anlay\u0131\u015f\u0131n\u0131n gayrimenkul sekt\u00f6r\u00fcn\u00fc de \u015fekillendirmesi bekleniyor. <\/p>\n

    Bu kapsamda sosyal ve \u00e7evresel a\u00e7\u0131dan sorumlu bir i\u015fletmeye sahip olmak (%93), k\u00e2r elde etmenin yan\u0131nda sosyal bir etki yaratabilmek (%87) ba\u015far\u0131n\u0131n belirleyici fakt\u00f6rlerinden olacak. \u0130klim de\u011fi\u015fikli\u011fiyle ilgili hedefleri yakalayabilmek, binalar\u0131 \u2018ye\u015fil bina\u2019 konseptine uyarlamak, y\u0131k\u0131p yapma d\u00f6ng\u00fcs\u00fcn\u00fc terk ederek mevcut binalar\u0131 yenilemek elbette beraberinde sermaye ve bor\u00e7 ihtiya\u00e7lar\u0131n\u0131 da getirecek.<\/p>\n

    \u00d6te yandan kullan\u0131c\u0131 hizmet oda\u011f\u0131na d\u00f6n\u00fc\u015f\u00fcrken gayrimenkul sekt\u00f6r\u00fc de binalar\u0131n ama\u00e7lar\u0131n\u0131 ve m\u00fc\u015fterinin ihtiya\u00e7lar\u0131n\u0131 \u00f6n plana \u00e7\u0131karan bir \u2018hizmet alan\u0131\u2019 olarak konumlanacak. Konuta operasyonel fonksiyonlar katmak kadar kamusal alanlar\u0131n sa\u011flanmas\u0131, payda\u015f merkezli ileti\u015fim yarat\u0131lmas\u0131, sosyal altyap\u0131n\u0131n kurulmas\u0131 gibi alanlarda gayrimenkul \u015firketleri daha b\u00fcy\u00fck rol oynayacak.<\/p>\n

     <\/p>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

     Gayrimenkul sekt\u00f6r\u00fcndeki g\u00fcven ve k\u00e2rl\u0131l\u0131k beklentilerinin geriledi\u011fini, buna kar\u015f\u0131l\u0131k resesyon beklentisinin b\u00fcy\u00fcd\u00fc\u011f\u00fcn\u00fc ortaya koyan rapora g\u00f6re, \u00f6n\u00fcm\u00fczdeki y\u0131l gayrimenkul de\u011ferlerinin d\u00fc\u015fmesi ka\u00e7\u0131n\u0131lmaz. 2023 y\u0131l\u0131na dair en \u00e7ok endi\u015fe yaratan konular ise in\u015faat maliyetleri ve kaynaklar\u0131n bulunabilirli\u011fi, bor\u00e7 ve sermayeye eri\u015fim olacak. PwC ve Urban Land Institute (ULI) i\u015f birli\u011fi ile haz\u0131rlanan Gayrimenkulde Geli\u015fen Trendler\u00ae Avrupa […]<\/p>\n","protected":false},"author":1,"featured_media":41160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[5388],"tags":[16638],"_links":{"self":[{"href":"https:\/\/emlaktuel.com\/index.php?rest_route=\/wp\/v2\/posts\/41159"}],"collection":[{"href":"https:\/\/emlaktuel.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emlaktuel.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emlaktuel.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emlaktuel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41159"}],"version-history":[{"count":1,"href":"https:\/\/emlaktuel.com\/index.php?rest_route=\/wp\/v2\/posts\/41159\/revisions"}],"predecessor-version":[{"id":41161,"href":"https:\/\/emlaktuel.com\/index.php?rest_route=\/wp\/v2\/posts\/41159\/revisions\/41161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emlaktuel.com\/index.php?rest_route=\/wp\/v2\/media\/41160"}],"wp:attachment":[{"href":"https:\/\/emlaktuel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emlaktuel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emlaktuel.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}