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A Tale of two outcomes | US Election 2020 Result and Implications for Global Real Estate

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The results of the much-anticipated U.S. presidential election hung in the balance for several days after Election Day. In the end, a number of key states finalized a historic level of vote tabulation resulting in Democratic challenger and former Vice President Joseph Biden accruing enough electoral college votes to secure victory as president-elect. Biden will be inaugurated as the 46th president of the United States on January 2021.

In this second edition of our two-part series, we take a more in-depth look at the projected impact of Biden’s policy approaches and the associated economic, business, market and real estate impacts within the United States, Europe/Middle East/Africa (EMEA) and Asia-Pacific (APAC) markets.

it is anticipated that most of Biden’s more progressive initiatives will be vigorously challenged and potentially upended altogether by Senate Republicans. We expect most near-term policy changes to be enacted via executive order or through less-aggressive legislation that can potentially garner bipartisan support.


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A Tale of two outcomes | US Election 2020 Result and Implications for Global Real Estate

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Damian Harrington

Head of Research

London - West End

Damian Harrington is a Director and Head of Research for both Global Capital Markets and EMEA at Colliers. He has over 20 years of experience in the real estate industry living and working from various locations across EMEA including London, Dubai, Prague, Helsinki and Amsterdam. Damian is responsible for producing research for internal and external clients. His expertise helps to provide clients with global capital market trends and analysis, and connects them with strategic and actionable insights, such as the changing nature of global capital and the impact on global capital flows. Damian has produced numerous research papers and generated analysis of markets across all asset types - from residential to offices, retail to logistics and hotels to niche sectors such as life sciences, air cargo and data centres. Damian is a member of the EMEA location strategy team and a key member of Colliers ESG focus group.  He speaks regularly at internal global conferences, external industry events hosted by GRI, ULI and other key industry bodies, plus key annual events such as MIPIM and EXPO REAL.

Damian holds a Masters degree in European Property Development and Planning from University College London, a BPI Bachelor of Planning from the University of Amsterdam and a BA (Hons) in Town and Country Planning from Manchester University. He is also a qualified surveyor, holding an MRICS with the Royal Institute of Chartered Surveyors.

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