Growth and diversity in the living sector: Significant opportunities for real estate investors
During the past two decades, the institutionally owned residential sector in the United States and Europe has evolved from a focus on traditional apartments to an increasingly diverse group of subsectors catering to growing and shifting demographic and economic needs, according to Principal in a recent report.
Broadly encompassing all forms of residential accommodation, the “living sector” covers a wide range of real estate investments, including apartments, student housing, single-family and built-to-rent homes.
This dynamism is gathering pace, and the depth and variance of the living sectors are now widely recognized within the United States and Europe institutional universe. NCREIF and INREV, the preeminent associations providing performance benchmarks for institutional investors, have started to redefine and broaden the overall residential property sector to establish a more comprehensive view of the “living sector.”
To read the full report,