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Research - JUNE 9, 2021

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Savills predicts demand for operational real estate across Europe, forecasting top ‘youthful’ and ‘aged’ cities

by Andrea Zander

Savills has identified the cities and regions in Europe that in five years’ time will be particularly “youthful”, having the largest share of people aged 20–39, and those that will be the most “aged”, with the highest number of people aged 65 or older. The global real estate adviser expects this to drive an increase in demand for purpose-built student housing, co-living and multifamily in youthful cities, as well as senior housing and housing with care in aged cities.

Paul Tostevin, director in Savills’ world research team, said, “These two groups are not mutually exclusive. Germany may be home to the most ‘aged’ cities in Europe, but it is also home to the second-largest number of youthful cities. Scale is an important factor, too. The number of 20- to 39-year-olds in Berlin, for example, is lower only than London and Paris in Western Europe.”

By country, the United Kingdom will have the most youthful cities in 2026 (22), followed by Germany (18)

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