A combination of strong consumer demand and rising institutional investment has pushed the co-living sector in Europe to a tipping point, according to research from JLL. On the continent, 53% of already built co-living assets are 250 beds, but this will increase to 79% on completion of those in planning stages, pushing the average size to 250 beds. Going forward in Europe, growth will be particularly spurred by younger city demographics taking their first step on the property ladder – such as the fast-growing post-graduate and post-PBSA populations who are calling for more convenience and choice in housing.” The disruptive real-estate solution has a strong presence in Europe 's capitals, with Amsterdam and London accounting for 79% of all assets. However, the sector needs support from legislation to protect occupiers and future development pipelines, JLL claims.
A combination of strong consumer demand and rising institutional investment has pushed the co-living sector in Europe to a tipping point, according to research from JLL. On the continent, 53% of already built co-living assets are 250 beds, but this will increase to 79% on completion of those in planning stages, pushing the average size to 250 beds. The disruptive real-estate solution has a strong presence in Europe 's capitals, with Amsterdam and London accounting for 79% of all assets. However, the sector needs support from legislation to protect occupiers and future development pipelines, JLL claims.