Catella: European residential properties show large potential for appreciation
The new Catella Market Indicator “Residential Europe Autumn/Winter 2017/2018” shows high international demand for residential property assets. European residential property worth almost EUR 37 billion was traded in 2016, and Catella expects this volume to reach a new record of approximately EUR 39 billion in 2017.The reasons behind this continued growth are urbanisation, availability of capital, migration and demographics.According to Catella, the groups of potential buyers are decidedly dissimilar. “This is underlined by the fact that Asian institutional investors were active in the