| Despite growing demand for residential properties in Europe, the market is currently too fragmented to become a major institutional asset class in the near future. That was one of the key conclusions of a panel discussion on residential investment during the ULI Europe annual conference in Paris this week.
'Europe offers significant investment opportunities,’ noted Michael Ball, professor of Urban & Property Economics, Henley Business School. ‘Demand is expanding and many European cities face long-term acute housing shortages. But I don't see a pan-European market developing across markets taking advantage of opportunities for scale.'..............................................Full Article: Source
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