BofA Says European Real Estate Has Biggest Upside in Decades
The BofA analysts pointed to AI datacenters, self storage as well as healthcare and retail as key real estate themes in the year ahead.
Photographer: Nathan Laine/BloombergEuropean real estate stocks are poised for their best returns in decades, according to Bank of America analysts, who foresee a boost from steadier interest rates and valuations below historical levels.
Citing upbeat economic optimism and investor risk appetite, the analysts led by Marc Mozzi also noted that the sector’s return on equity has risen back to its 20-year median.