Europe's REIT Industry Achieves USD 510 Billion Revenue in 2023

According to a recent report by “ResearchAndMarkets”, The Europe Real Estate Investment Trust (REIT) industry has demonstrated remarkable growth despite the challenges faced by the industry. The industry has achieved a substantial revenue of USD 510 billion in the current year, highlighting its resilience and potential for investors. The report shows a promising Compound Annual Growth Rate (CAGR) of 15% for the REIT industry during the forecast period.

REITs are companies specialising in the ownership and operation of income-generating real estate assets, including apartments, warehouses, self-storage facilities, malls, and hotels. These entities have gained popularity due to their consistent and growing dividends, making them a dependable investment option for discerning investors. However, the level of growth and associated risks vary depending on the specific type of REIT.

The key towards the growth of the REIT approach in the European real estate investment landscape is the European Public Real Estate Association (EPRA), working in conjunction with the Real Estate Equity Securitization Alliance (REESA). Together, these organisations play a pivotal role in fostering the continued expansion of the REIT industry across the region.

The European REIT industry confronted a lot of challenges and uncertainties. Events like Brexit contributed to a subdued environment for Initial Public Offerings (IPOs) over the past year. Despite these obstacles, the European listed real estate, mergers and acquisitions (M&As), and the emergence of the alternatives sector have continued to drive the progress of the REIT industry.

Overall, the report provides a comprehensive overview of REITs operating across Europe, offering in-depth profiles of major companies. These profiles encompass various aspects, including product offerings, regulatory frameworks, headquarters, and financial performance.