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REAL-TIME GLOBAL RESEARCH

Intern Survey 2026: Real Estate Read-Across

Published: 2026-08-04Institution: Morgan StanleyCompany / ticker: CTPNV.AS,URW.PA,BYG.L,SAFE.L,MRL.MC,SGRO.L,LOIM.PA,HMSO.L,COL.MC,DLN.L,FABG.ST,CAST.ST,GPEG.L,GFCP.PA,ICAD.PA,PSPN.S,BLND.L,LAND.L,WDPP.BR,SHUR.BRPages: 14Original language: EnglishEvidence page: 1

Research evidence excerpt

Intern Survey 2026: Real Estate Read-Across

Foundation

August 4, 2026 07:00 AM GMT

Morgan Stanley & Co. International plc+MProperty | Europe Paula Bayer

Research Associate

Intern Survey 2026: Real Estate Paula.Bayer@morganstanley.comAna Escalante +44 20 7425-3053

Equity Analyst

Ana.Escalante@morganstanley.com +44 20 7425-3271

Read-Across Bart Gysens, CFA

Bart.Gysens@morganstanley.com +44 20 7425-5862

Our latest AlphaWise Survey of 225 Morgan Stanley European Anita Bhardwaj

interns shows little use of self-storage, and high demand for DataAnita.Bhardwaj@morganstanley.comAnalyst +44 20 7425-1883

compute. Positive read-across for European data centres and

Property

malls. Europe

Industry View AttractiveMToday, our Thematics research team published a deep dive note (LINK) based on the

latest AlphaWise survey of Morgan Stanley’s 2026 European intern cohort. Having

Anita Bhardwaj is a member of Morgan

taken part in this same survey myself three years ago, I was especially keen to see

Stanley's AlphaWise team. She is not a research

how attitudes have shifted since then – particularly as new technology continues to

analyst and is not expressing investment

shape Gen Z habits. See our key takeaways below.

recommendations on financial instruments,

Self-storage: incrementally positive. Only 4% of interns pay for self-storage, industries or transactions.

similar to last year, with 76% saying they have enough space at home, up from 69%

last year. A preference for experiences over goods eased to 49% (from 59%), and

fewer expect to own less stuff in five years (22%, down from 28%) – both findings

being marginally less negative for storage demand than last year.

Data centres: AI taking off. 65% use cloud storage, but 42% don't know where their

data sits (both unchanged year on year).

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