\nInfla\u0163ia \u015fi cre\u015fterea dob\u00e2nzilor vor afecta pia\u0163a imobiliar\u0103 reziden\u0163ial\u0103, o pia\u0163\u0103 puternic legat\u0103 de politica de creditare, consider\u0103 Bogdan Sergentu, Head of Valuation & Consulting \u00een cadrul companiei de consultan\u0163\u0103 imobiliar\u0103 Cushman & Wakefield Echinox.<\/p>\n
\n\u00cen paralel, diminuarea puterii de cump\u0103rare ar putea afecta \u015fi v\u00e2nz\u0103rile retailerilor, gener\u00e2nd o estompare a cre\u015fterii cererii \u00een domeniul spa\u0163iilor de depozitare.<\/p>\n
\n\u201eCu siguran\u0163\u0103 infla\u0163ia \u015fi cre\u015fterea dob\u00e2nzilor vor afecta pia\u0163a imobiliar\u0103 reziden\u0163ial\u0103, o pia\u0163\u0103 puternic legat\u0103 de politica de creditare. Diminuarea puterii de cump\u0103rare poate afecta \u015fi v\u00e2nz\u0103rile retailerilor, \u015fi ar putea duce \u015fi la o estompare a cre\u015fterii cererii \u00een domeniul spa\u0163iilor de depozitare\u201d, spune Bogdan Sergentu \u00eentr-o analiz\u0103 realizat\u0103 de Cushman & Wakefield Echinox. <\/p>\n
\nEl precizeaz\u0103 c\u0103 \u00een ceea ce prive\u015fte sectorul de birouri, acesta va fi mai rezilient, evenimentele actuale put\u00e2nd afecta aceast\u0103 pia\u0163\u0103 doar \u00een cazul persisten\u0163ei lor pe o perioad\u0103 medie \u015fi lung\u0103.<\/p>\n
\nAnaliza realizat\u0103 de Cushman & Wakefield Echinox indic\u0103 faptul c\u0103 volatilitatea pre\u0163ului energiei ar putea accelera procesul de mutare a companiilor \u00een cl\u0103diri verzi, eficiente energetic \u015fi \u00een care au fost implementate m\u0103suri pentru \u00eendeplinirea standardelor ESG.<\/p>\n
\n\u201c\u00centr-o pia\u0163\u0103 \u00een care rata anual\u0103 infla\u0163iei a fost de 14,5% \u00een luna mai a acestui an, a rat\u0103 alimentat\u0103 de cre\u015fterea pre\u0163ului la energie electric\u0103, gaze \u015fi \u00eenc\u0103lzire central\u0103 cu peste 40% \u00eentr-un an, chiria\u015fii vor fi mai preocupa\u0163i \u00een a c\u0103uta solu\u0163ii eficiente energetic pentru desf\u0103\u015furarea activit\u0103\u0163ii lor\u201d, spun consultan\u0163ii Cushman & Wakefield Echinox.<\/p>\n
\n\u015ei la nivel global sunt dezvoltatori care \u00eent\u00e2mpin\u0103 dificult\u0103\u0163i din cauza lipsei de materiale, dar \u015fi din cauza cre\u015fterii pre\u0163urilor terenurilor, \u00een timp ce administratorii de active sunt nevoi\u0163i s\u0103 gestioneze costuri de operare volatile, iar investitorii se confrunt\u0103 cu o incertitudine \u00een ceea ce prive\u015fte costul finan\u0163\u0103rii.<\/p>\n
\n\u201cPentru chiria\u015fii spa\u0163iilor de birouri, rata record a infla\u0163iei va avea ca impact cre\u015fterea costurilor de ocupare, care \u00een prezent reprezint\u0103 p\u00e2n\u0103 la 10% din costurile de exploatare\u201d, noteaz\u0103 analiza companiei de consultan\u0163\u0103 imobiliar\u0103.<\/p>\n
\nTrebuie men\u0163ionat \u00eens\u0103 c\u0103 nivelul chiriei pe pia\u0163a de birouri este \u00een mare m\u0103sur\u0103 determinat de condi\u0163iile pie\u0163ei \u2013 acest lucru \u00eenseamn\u00e2nd c\u0103 o majorare a chiriei este un fenomen care \u0163ine de fundamentele pie\u0163ei locale \u015fi a ratelor de neocupare \u015fi mai pu\u0163in de evolu\u0163ia infla\u0163iei.<\/p>\n
\nUn element foarte important pentru chiria\u015fii cl\u0103dirilor de birouri este stabilirea din timp a necesarului de spa\u0163ii de lucru \u015fi a strategiilor de \u00eenchiriere, av\u00e2nd \u00een vedere impactul cre\u015fterii pre\u0163urilor asupra costurilor cu amenajarea birourilor, dar \u015fi a schimb\u0103rilor intervenite \u00een modul de lucru al angaja\u0163ilor.<\/p>\n
\nPe pia\u0163a de retail, companiile au \u00eenregistrat o cre\u015ftere a cifrei de afaceri odat\u0103 cu infla\u0163ia, ceea ce face ca \u00een mare parte chiria s\u0103 r\u0103m\u00e2n\u0103 stabil\u0103 ca procent din cifra de afaceri, \u00eens\u0103 majorarea costului cu utilit\u0103\u0163ile nu a putut fi contracarat\u0103.<\/p>\n
\nDe\u015fi valoarea v\u00e2nz\u0103rilor de retail a crescut \u00een general ca urmare a major\u0103rii pre\u0163urilor, \u00een viitorul apropiat aceast\u0103 tendin\u0163\u0103 se poate atenua odat\u0103 ce cump\u0103r\u0103torii vor deveni mai sensibili la pre\u0163uri, pe fondul costurilor mai mari pentru combustibil, alimente \u015fi alte produse esen\u0163iale.<\/p>\n
\nPentru a men\u0163ine traficul \u00een magazine \u015fi a maximiza conversiile \u00een v\u00e2nz\u0103ri, retailerii vor trebui s\u0103 fie aten\u0163i la schimbarea obiceiurilor de cump\u0103rare ale clien\u0163ilor \u015fi s\u0103 \u00ee\u015fi adapteze \u00eentreaga strategie omnichanel la aceste schimb\u0103ri. \u00cen ceea ce prive\u015fte costurile, cre\u015fterea cheltuielilor de exploatare va diminua considerabil capacitatea firmelor de a r\u0103m\u00e2ne profitabile \u00een acest mediu infla\u0163ionist.<\/p>\n
\nSectorul industrial a fost numit \u00een ultimii ani \u201evedeta pie\u0163ei imobiliare\u201d. Cu toate acestea, chiria\u015fii care ocup\u0103 spa\u0163ii industriale se confrunt\u0103 cu o presiune determinat\u0103 de costurile cu for\u0163a de munc\u0103, costurile opera\u0163ionale \u015fi cele imobiliare.<\/p>\n
\nPresiunea infla\u0163ionist\u0103 se va manifesta diferit \u00eens\u0103 pe pia\u0163a industrial\u0103 \u015fi de logistic\u0103, unde \u00een Rom\u00e2nia, pe l\u00e2ng\u0103 stocul de circa 5,6 milioane de metri p\u0103tra\u0163i destina\u0163i \u00eenchirierii, exist\u0103 circa 3 milioane de metri p\u0103tra\u0163i de spa\u0163ii care sunt de\u0163inute de companiile care le opereaz\u0103, re\u0163elele de retail \u015fi firmele de automotive fiind cele mai active din acest punct de vedere, se specific\u0103 \u00een analiza realizat\u0103 de Cushman & Wakefield Echinox.<\/p>\n
\nAcest lucru \u00eensemn\u0103 c\u0103 o pondere mai mare a ocupan\u0163ilor de astfel de spa\u0163ii este vulnerabil\u0103 la capriciile condi\u0163iilor pie\u0163ei \u00een compara\u0163ie cu alte sectoare imobiliare.<\/p>\n
\nDe altfel, ocupan\u0163ii care au ca strategie achizi\u0163ia sau construirea propriilor spa\u0163ii se confrunt\u0103 cu cre\u015fterea pre\u0163urilor terenurilor \u015fi a costurilor de construc\u0163ie.<\/p>\n
\n\u00cen plus, ei trebuie s\u0103 g\u0103seasc\u0103 solu\u0163ii pentru deficitul de for\u0163\u0103 de munc\u0103 \u00een construc\u0163ii. Pentru chiria\u015fii de propriet\u0103\u0163i industriale, cre\u015fterea nea\u015fteptat\u0103 a costului de ocupare a spa\u0163iilor reprezint\u0103 principala provocare.<\/p>\n
\n\u00cen final, indiferent dac\u0103 sunt chiria\u015fi sau proprietari ai spa\u0163iilor \u00een care func\u0163ioneaz\u0103, ocupan\u0163ii de proiecte de logistic\u0103 \u015fi industrial\u0103 vor fi la fel de afecta\u0163i de cre\u015fterea infla\u0163iei, chiar dac\u0103 \u00een direc\u0163ii diferite.<\/p>\n
\n <\/p>\n
\n
\n <\/p>\n
\n <\/p>\n","protected":false},"excerpt":{"rendered":"
Infla\u0163ia \u015fi cre\u015fterea dob\u00e2nzilor vor afecta pia\u0163a imobiliar\u0103 reziden\u0163ial\u0103, o pia\u0163\u0103 puternic legat\u0103 de politica de creditare, consider\u0103 Bogdan Sergentu, Head of Valuation & Consulting \u00een cadrul companiei de consultan\u0163\u0103 imobiliar\u0103 Cushman & Wakefield Echinox. \u00cen paralel, diminuarea puterii de cump\u0103rare ar putea afecta \u015fi v\u00e2nz\u0103rile retailerilor, gener\u00e2nd o estompare a cre\u015fterii cererii \u00een domeniul […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[7260,18507,184,11229,23264,4150],"class_list":["post-206091","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-birouri","tag-expunere","tag-inflatie","tag-piata-imobiliara","tag-presiuni","tag-semn"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/206091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=206091"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/206091\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=206091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=206091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=206091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}