We live in them. We work in them. We buy our groceries from them. We make things in them, store things in them and we unwind, relax and are entertained in them: property is a diverse market, serving many of our needs. But as times change, markets change and property is no exception. Residential has become an institutional asset class as demand for housing grows due to shortages and changing lifestyles.
Then there is retail, where, if you walk down many high streets, demand for space from household names is not as strong as for out of town warehousing, thanks to the growth in online shopping.
Another issue is the growing demand for assets that are kind to the environment and society. ESG is not just about equities. To find out how this asset class is evolving, we sat down with a panel of experts to discuss how pension schemes and insurers are investing in property.