Features And Trends In European Listed Real Estate


Authors
Ali Zaidi & Sergiy Lesyk

Research Organisation
FTSE Russell

Report Date
Nov. 2, 2020

Document summary

The European commercial real estate is estimated to represent some EUR 7.27 trillion of assets. While still small compared to the US and Asia, it has been undergoing significant changes in recent years. In this topical paper, the authors examine what implications these changes notably:

  • New segments of real estate are emerging, reflecting changes in the economy; as a result, some traditional segments of real estate can now become available to a wider investor base via LRE vehicles.
  • Listed and unlisted real estate vehicles can be complementary in a real estate portfolio due to the unique investment access to certain segments of real estate through specific vehicles and the possibility of tactical variation of real estate allocation through LRE vehicles.
  • The COVID-19 crisis has had a different impact on each sector of real estate, having accelerated some trends and created new challenges and opportunities. It remains to be seen if these changes are transient or more permanent in nature.