Catella: European Residential Properties Show Large Potential for Appreciation
STOCKHOLM, Sept. 27, 2017 /PRNewswire/ -- The new Catella Market Indicator "Residential Europe Autumn/Winter 2017/2018" shows high international demand for residential property assets. European residential property worth almost EUR 37 billion was traded in 2016, and Catella expects this volume to reach a new record of approximately EUR 39 billion in 2017.
The reasons behind this continued growth are urbanisation, availability of capital, migration and demographics.
According to Catella, the groups of potential buyers are decidedly dissimilar. "This is underlined by the fact that Asian institutional investors were active in the continental European market for the first time ever in 2016. Several private equity funds are investing in Spain, retirement funds in the UK and Germany are investing in the Netherlands, and 40% of Berlin's residential property trade is being done with a number of French, Scandinavian and Finnish buyers," says Dr Thomas Beyerle, Head of Group Research at Catella.
The analysis of 75 European cities in four categories by Catella Research showed the following:
The Dutch cities of Amsterdam, Utrecht and Rotterdam are the leaders at the "metropolis" level. These are followed by Helsinki, Copenhagen, London and Manchester. Malmö, Stockholm and Vienna also show high-level rankings (cash cows).
This quadrant model from Catella Research classifies cities such as Manchester, Oslo, Stockholm, London and Helsinki as 'stars'.
Cities like Rome, Porto and Zaragoza display rather low levels, but are shaped by high dynamics and can be classified as the new kids on the block when it comes to residential property investment. The German cities are dispersed throughout the mid-section in terms of both level and dynamics rankings.
Focusing on the investors, Beyerle sums up by saying, "Having investments in place in the residential property market now and in the future is more important than looking for the perfect opportunity to enter the market."
View the complete analysis at catella.com/research.
For information please contact:
Dr Thomas Beyerle
Head of Group Research
+49-69-3101-9302-20
thomas.beyerle@catella.de
Johan Hähnel
Head of Branding & Positioning
+46-70-6056-334
johan.hahnel@catella.se
Catella is a leading specialist in property investments, fund management and banking, with operations in 13 European countries. The group has sales of approximately EUR 211million and manages assets of approximately EUR 16 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.
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