According to Savills, offices in central business districts, residential, smart mixed-use, logistics, space as a service and the lack of prime assets are six of the main trends we will see in the European – SA commercial real estate investment market.
With a number of real estate sectors undergoing significant structural change, many interviewees regard investing in housing and hotels as a sound, defensive strategy at this point in the cycle, supported by long-term urbanisation and demographic trends.
As the Emerging Trends Europe survey has highlighted over the past few years, these sectors are at the forefront of the industry’s transformation into becoming a service industry. There is a recognition that the industry sector that funds, builds and operates the spaces in which we live, work and play, is starting to embrace complexity and respond to its role as part of society’s infrastructure.
The trends seen in the South African kitchen industry filter down from what is showcased at Eurocucina, one of the world’s largest kitchen showcases that takes place in Italy. Many of the KSA’s members attended this bi-annual show, which most recently took place in April 2018. While it usually takes one to two years for the SA retail market to embrace the new trends, the fact that key players in the kitchen industry are ready for these new trends, is invaluable.
See some examples below:
- Matte Black
- Back to the 1950’s
- Contemporary Materials
- Banning plastic
- Art Deco
- Hello Living Coral