Europe’s multifamily sector continues to attract investors keen to build new homes as a range of entry routes open up.
A record €22.5 billion was invested last year in European forward-funding multifamily deals, according to JLL data. That made up 39% of transaction volumes in the sector, excluding the €31.5 billion invested in two income producing platform deals in Germany and the Nordics. In Germany, just under a quarter of multifamily deals were for project developments last year, a record proportion.
Investors continue to commit capital to building new rental homes, partly due to the nascent nature of the multifamily sector but also by the potential to create scale, offer operational efficiencies as well as fulfill mounting ESG requirements.
Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.
