Spain: Investment in built-to-rent to exceed 1.5Bn euros in 2019

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Global residential investment has grown by 9% in the first half, to 99 billion euros

Investment in residential on a global scale continues to grow while the rest of the real estate segments lose positions. In Spain, residential investment in the built-to-rent modality is gaining greater market penetration due to the limited supply of finished product and the high appetite of institutional investors for this market. In 2019, this activity is expected to exceed 1.5 billion euros, according to the Global Living report by Savills Aguirre Newman.

"The search by investors of sources of secure income will continue to underpin the interest in residential assets known as alternatives so far, but increasingly present in the investment mix."

— Alejandro Campoy, CEO of Savills Aguirre Newman.

Global residential investment has grown by 9% in the first half, to 99 billion euros. In aggregate terms, investment in this segment has increased by 56% in the last five years, becoming the second class of assets with greater capital attraction, after offices.

Investors are modifying their investment focus towards residential assets to increase their profitability, with a clear commitment to the segments of student residences, senior citizens and residential for rent. The investment in this last type of asset has increased by 13% in the first half, reaching an investment of 87 billion euros.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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