The London Urban Living Boom continues! €23bn due to be invested in London in next five years.
As an urban developer specialising in best-in-class urban living units, it is great to hear that investors are significantly increasing their exposure within Europe's living sectors over the next five years. We continue to acquire unmodernised blocks in prime and outer prime Central London and aggregate urban living portfolios.
React News noted "Growth is supported by both long and short-term tailwinds, while demand is underpinned by a fundamental undersupply. With affordability issues across the continent making it ever harder for people to buy a property, the need for rented homes has never been higher, while the countercyclical nature of the living sectors makes them an attractive hold given current uncertainty."
With James Mannix, Head of Global Living Sectors and Residential Development at Knight Frank stating “With affordability issues across the continent making it ever harder for people to buy a property, demand for rented homes has never been higher”
If you are looking to acquire or aggregate a portfolio in London, please get in touch your requirements with lucas@leufroy.com.