EMEA Living Capital Markets Q2 2024
Investment returns to growth, following yield stabilization and improved market outlook.
- Emma Rosser
- Dominika Mocova
- Nick Whitten
Following a quiet start to the year, investment in European living surged in Q2, with some €13.9bn reflecting a 59% jump quarter-on-quarter.
The Q2 total was 17% higher than the same period last year, through renewed strength in UK PBSA, German multifamily alongside ongoing increases in smaller sectors like coliving and single family. However, investment levels are now 20% below the longer-term five year average (2019-2023).
The rise in living transactions follows two quarters of yield stabilisation overall for multifamily and student housing, with signs of compression in some active markets as the outlook for investment improves and buyers gain confidence.
