Real estate investment in Europe grows 10% and recovers pre-pandemic levels
In this context, Spain, the United Kingdom, Germany and the Nordic countries are the territories that lead this growth
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The multifamily sector is consolidated as one of the most attractive with a growth of 20% compared to 2020; Added to this trend is the interest in the build-to-rent market.
In the continent as a whole, investors are betting on assets in the living sector, since these are a safe-haven value that has a great capacity for resilience in the face of crisis situations.
In a context of a return to normality and economic recovery, the European real estate market recovers pre-pandemic investment levels and reaches 208,000 million euros, which represents a growth of 10% compared to the same period of the previous year. In this context, Spain, the United Kingdom, Germany and the Nordic countries are the territories that lead this growth.
Specifically, the multifamily sector has experienced an increase of 20% compared to the data for the same period in 2020. Anna Puigdevall, director of FIABCI and general director of the Association of Real Estate Agents of Catalonia (AIC) and the National Association of Real Estate Agents (ANAI), points out that “the resilience shown by this type of property in the face of crisis situations, both residential rentals and residences for students or the elderly, has aroused great interest from European investors. , who bet on this type of investment due to the good acceptance they have in the market”.
For its part, another of the major players in the continent as a whole is the build-to-rent market. The FIABCI directive assures that "in Europe this trend is gaining a lot of strength and is promoting alliances between investment groups that are committed to this model due to the success that the living sector currently has in the market, which is estimated that in 2030 it will represent a third of the real estate investments worldwide.
Broadly speaking, the boom in this type of investment is due to the "search for haven assets that have an impact on investors with stable income," says Anna Puigdevall. In this sense, the "growing interest in this type of product occurs both among investment funds and by individual investors".
