A very warm welcome to Issue 22 of DLA Piper’s Real Estate Gazette.
It is clear that demographics play a part in dictating which investment opportunities are prominent at any point in time. For example, in France, the rise in student numbers has boosted demand for student accommodation in the country, and this fact, combined with the various advantages enjoyed by this asset class, look set to attract a wide number of investors looking for diversification towards contra-cyclic products. Another demographic often noted is the increased proportion of those aged over 65, estimated to constitute 16.2 per cent of the global population by 2050. This will undoubtedly lead to a higher demand for long term care services. In Italy, the provision of such services is changing with family-run providers being forced out of the market by tighter regulation and new entrants being attracted by the relative stability of cash flows and the profitability of the initiatives. Other developments discussed include the rise of the local accommodation establishment in Portugal; the controversy surrounding art as an asset class in the UK; and the qualification of certain real estate assets for REIT purposes in the US .
A selection of articles is below, alternatively you can download the full Real Estate Gazette Issue 21, in two formats:
We do hope you will enjoy reading our views, and if you would like more information on any of the topics featured in this issue, please do get in touch with the authors.