Demographic changes to impact real estate market by 2030

693 million people from the post-war baby boom will reach retirement age, and 1.3 billion people from the Z generation will enter the labor market, according to the report "Demographic Shifts: The World in 2030", prepared by the international consulting company Cushman & Wakefield.

These processes will have significant implications for tenants and investors in real estate markets and decision-makers around the world.

Demographic factors will have a huge impact on the real estate market over the years to come. New generations entering the labor market, combined with an increase in the percentage of people aged 55+ and an increase in the population of cities will determine the development directions of each sector of the real estate market.

“The rise of multi-functional rather than single-purpose facilities, the increase in the popularity of co-living, including projects for clients from different age groups, as well as the increase in the importance of urban logistics are just some of the trends that will also be visible on the Polish market,” Katarzyna Lipka-Nawrocka, director of research and consulting department, Cushman & Wakefield, said.

(Property News)