In a recent interview with Green Street News Patrick Au Yeung, Fund Director – European Residential, discusses plans to deploy capital in the European residential market and reach €400m AuM this year.
Key themes from the interview:
- Savills IM entered into a joint venture with EDF Invest last year, aiming to assemble a pan-European multifamily and student housing portfolio with more than €600m in gross asset value over two years.
- Investors are increasingly looking for stable, long-term income rather than pure yield plays, and residential has consistently delivered that over the past decade.
- Patrick discusses target markets, ticket sizes ,as well as opportunities in non-traditional living sectors.
Read the full article here.