Tony Smedley, managing director and head of private equity – Europe at Heitman, discusses a notable shift in investor sentiment toward European real estate, signaling the early stages of a recovery cycle, in an interview with IREI.
As macroeconomic stability returns investors are showing renewed confidence in private markets, particularly alternative sectors. Supported by demographic-driven demand, structural undersupply, and resilient performance through recent downturns, sectors such as rented residential, student housing, senior living, and self-storage are increasingly favored. Smedley said that these alternatives offer more consistent income streams, operational upside, and alignment with long-term institutional objectives.
How might the stabilization of valuations and easing inflation influence investor sentiment in the next 12 to 24 months?
Industry polls, surveys and discussions with limited partners (LPs) show confidence toward Europe
