Serviced apartments investment and development prospects Europe 2023

Multiple aspects can impact how and where investment is carried out. In 2020, real estate industry experts identified the pandemic crisis, international political instability, and environmental issues as their main concerns for making an investment on the European real estate market in 2021.

Prospects for serviced apartments

The prospects of investment and development in the serviced apartments real estate market in Europe are expected to slightly decline in 2023 compared to 2022 according to industry experts. The sectors with highest prospect scores in 2023 were new energy infrastructure, life sciences, and data centers.

Cities with higher prospects

In the beginning of 2021, the United Kingdom, Germany, and France were the top three countries in Europe by total value of commercial real estate investment. Investors’ interest seems to keep going, as London, Paris, and Berlin scored highest at real estate investment and development prospects with 2.15 points, 1.72 and 1.69 respectively in 2023.

European real estate investment and development prospects in serviced apartments from 2018 to 2023

Characteristic	2018	2019	2020	2021	2022	2023
Investment	3.96	4.21	4.11	3.33	3.84	3.83
Development	3.94	4.05	4.06	3.32	3.72	3.7

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Release date

November 2022

More information

Region

Europe

Survey time period

2017 to 2022

Number of respondents

1,038 respondents

Age group

18 years and older

Special properties

Industry experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers and consultants*

Method of interview

Face-to-face interview, online survey

Supplementary notes

The source adds the following information:"Respondents scored sectors’ prospects on a scale of 1=very poor to 5=excellent, and the scores for each sector are averages; the overall rank is based on the average of the sector’s investment and development score.
1,038 property professionals completed surveys, were interviewed or took part in a series of roundtable meetings across Europe as a part of the research for this report."

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