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The Guardian - UK
The Guardian - UK
World
Daniel Boffey in Brussels

Large investors drive up house prices in Europe’s cities, study finds

For Sale sign on display at a block of new apartments in Berlin's Kreuzberg district with the TV Tower in the background
In Berlin, €40bn worth of housing assets are in institutional portfolios. Photograph: David Gannon/AFP/Getty

The rate at which institutional investors, such as private equity and pension funds, are buying up housing is accelerating in major European cities, driving up house prices, research suggests.

The volume of purchases in Europe hit €64bn (£53bn) in 2020, with about €150bn worth of housing stock conservatively estimated to be in the hands of such large investors.

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