BNP Paribas AM: The public markets and European residential real estate

Rapid demographic change, the desire to live in city centres, the rising cost of housing together with an inexorably changing urban environment have raised the profile of apartment dwelling since the near-collapse of the global financial system in 2008.

A new generation of renters, led by millennials, have swapped mortgages, commuting and the suburbs for the 21st century urban lifestyle. The attraction of a walk-to-work way of life jostling with shiny new light-rail systems amid gleaming new condos has been undeniable.

With urbanisation due to rise across Europe over the coming decade, find out more here about the potential investment opportunities arising from the need to build enough quality, affordable housing