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Investments in housing in Europe are growing amid a pandemic




In the first quarter of 2020, investments in European housing stock grew by 13% compared to the same period last year. This is the conclusion reached by analysts from the international company Knight Frank.





According to analysts, the share of investment in the residential sector is 24% of total investment in real estate in Europe. Knight Frank notes that only office buildings received more investments — 41%. In the first quarter of 2020, investments in industrial real estate amounted to 13%, in retail — 12%, inland — 5%.

Usually, most of the investors' funds go to commercial real estate, however, they will start paying attention to apartment buildings and student dormitories. Investment in the residential sector is growing rapidly across Europe, fueled by structural changes in demographics and lifestyles. “According to preliminary data, the residential sector has weathered the impact of COVID-19 quite well, especially when compared to other real estate segments”.

In Europe, the urban population is growing faster than the development of new infrastructure, in connection with which there is a shortage of residential buildings.



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TAGS: EUROPE NEWS, CORONAVIRUS, PANDEMIC

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