Susana Rodríguez, CCO at Savills AN, said that “in line with the rest of Europe, growth in residential rental investment in Spain is also rapid, although still not enough to increase the available supply and satisfy a growing demand for affordable housing.”
The residential rental segment was the second-largest real estate investment market at the European level in the first half of this year.
Specifically, multifamily investment reached €24.1 billion in Europe between January and June 2021, 23% of the total in the sector, behind only the office segment (€29.3 billion or 28%).
During the first semester, investors increased their asset portfolios and launched new investment funds specialising in multifamily. Finland (42%), Denmark (34%) and Spain (32%) are some of the countries where the multifamily market had the strongest presence.