According to Savills latest research, European real estate investment volumes are forecast to reach €53 billion ($61 billion) in second quarter, a 6 percent year-on-year increase. Compared with the first half of last year, investment activity in Poland (+95 percent) and Finland (+94 percent) almost doubled. Among Europe’s larger real estate markets, Sweden and Spain stood out, with turnover rising by 68 percent to €12.8 billion ($14.6 billion) and 56 percent to €12.2 billion ($14 billion), respectively.
The international real estate advisor says that the majority of investors continue to favor defensive sectors with resilient occupational fundamentals. The living sectors, including multifamily, purpose-built student accommodation, care homes and senior living, are estimated to account for almost 30 percent of total European investment volumes.
“Average deal sizes are expected to have increased during second quarter, supported by several landmark acquisitions