EMEA Living Capital Markets Q3 2024
Established markets rise to the fore as core sectors strengthen.
- Emma Rosser
- Dominika Mocova
- Nick Whitten
Living investment continued at elevated levels compared to last year for the second quarter running, thanks to a sustained rebound in key markets.
Investment in living in Q3 reached €11.9bn, a small dip on Q2, though maintaining growth on 2023, bringing the year-to-date 12% higher than last year, although still 30% lower than the Q1-Q3 average 2019-23.
The multifamily sector rose to account for 65% of living investment in Q3, the highest share since Q1 2022 and an 80% increase on Q3 2023 volumes. PBSA investment has also grown from last year, although healthcare volumes have yet to rebound in the same way, yields have begun to stabilise paving the way for growth in transactional volumes.