INREV has strongly criticised government residential real estate policy in Europe, warning many aspects of current legislation can extinguish long-term viability and deter investment into the sector.
In its latest Institutional Investment in European PRS: Strategies, barriers and pathways to supply paper, INREV says rent regulation, unpredictable policy changes, and planning rules and restrictions run a clear risk of making capital allocation into residential across Europe unviable for many institutional investors.
“Fiduciary duty of investors and managers — and the consequences of failing to meet future pension obligations — is often not fully understood by policymakers and other stakeholders,” says the paper, which is partly based on the views of senior representatives from twelve global investors and investment managers.
It outlines how market risks for institutional investors such as landlord and tenant regulations, pricing, environmental la
