Savills Research Global Living Report 2021 says operational residential investment held up strongly against other real estate asset classes through the Covid-19 pandemic. Marcus Roberts Head of Europe, Operational Capital Market and Paul Tostevin Director, World Research Savills Highlights the key points. 

However, the pandemic has accelerated change in occupier needs and wants, pushing affordability, inclusivity, health and wellbeing up the agenda.

What does this mean for investors and operators in the space?

Report highlights:

• Social changes and technological advances are driving significant demand for purpose-built, high quality rental product globally.
• Cities still have a huge role to play in creating attractive and sustainable places to live for people of all generations, who want quality accommodation, amenity and a sense of community.
• The Social value and impact of new schemes is now a vital consideration, and includes aspects such as affordability, inclusivity, health and wellbeing.

Marcus chaired the panel discussion on the key themes of the report: global city prospects, demographic trends, demand for operational residential real estate, and the ‘Social’ aspect of ESG in the sector.

Panellists included:

• Harald Hübl - Investment Director value one / MILESTONE
• Hilke Nijmeijer, Portfolio Manager, CBRE GI European Residential Impact Fund
• Maria Garcia – Principal Sustainability Consultant, Savills
• James Snaith – Director, Operational Capital Markets, Savills
• Helen Collins – Head of Housing Consultancy, Savills

You can access the Savills webinar recording by clicking link below: