Real Estate
Europe’s Red Tape Puts €82 Billion in Housing Investment at Risk
Investors are ready to bet on residential, but a tangle of rules threatens to stymie the flow
A new home at a housing development in Goffs Oak, UK.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
As housing shortages cause rents to surge in major European cities, investors are queueing up to pour cash into new homes only to be thwarted by a bewildering array of hurdles.
With office and retail real estate suffering from remote-working and online-shopping trends, property investors have earmarked an additional €82 billion ($90 billion) for residential projects in Europe through 2025, according to a Savills survey. But the quagmire of rules, regulations and red tape is standing in their way.