Emerging Trends: Europe Challenge of Next 20 Years: Refurbishing More Buildings for a Net Zero Future In celebration of Emerging Trends in Real Estate® Europe completing its second decade, ULI in partnership with PwC has published a special 20th-anniversary edition, including an examination of the trends and challenges likely to shape the next two decades of real estate investing. Emerging Trends Europe was published for the first time in 2003, when the industry was barely cognizant of the reality of climate change, least of all the influence it would bring to bear on the way real estate companies operate day to day. How things have changed. This past summer, for the special anniversary edition, the report authors canvassed leading thinkers in the European real estate industry to identify the pivotal trends that will shape the market's future path. 20 Years of Emerging Trends Europe Source: Emerging Trends in Real Estate 2023. 76 URBAN LAND WINTER 2023