Over the last year, the build-to-rent market has been the star segment of the Spanish real estate sector, along with logistics. In light of the trends in favour of the rental market, numerous players have started their forays into the sector to take advantage of the current headwind.
This commitment by large investors to the rental market is justified by the momentum that the alternative residential formula is enjoying compared to the option that clearly dominated in Spain until now: that of home ownership. In this way, according to the latest report from the European Eurostat office, 24.9% of Spaniards now live in rental housing compared to 20.2% in 2010. Spain is third in Europe in the ranking of countries where homeownership has fallen by the most, behind only Denmark and Lithuania, where it has decreased by 7.3% and 5%, respectively.