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Investor survey: London is the most popular location for real estate investments - real estate in European capitals in high demand despite Corona
During the Corona crisis and beyond, real estate investments in the metropolises of Europe remain in high demand: this is the result of a survey conducted in September 2020 by the German opinion research institute Kantar among 400 institutional investors in Great Britain, Germany, Austria and Switzerland. 100 investment professionals from insurance companies, banks, capital investment companies and public funds were surveyed in each country. The English capital, London, came in first place among the most popular cities to invest in: 39 percent of investors consider it the most attractive location in Europe. It is followed by Berlin (35 percent) and Vienna (23 percent).
DIW study: nine major European cities will be missing around 1.2 million flats by 2030 – Supply gap of 110,000 apartments in Vienna
According to a study, Europe’s top metropolises will be lacking around 1.2 million flats by 2030. In absolute terms, the largest gap is in London, with around 355,000 flats. Warsaw (around 142,000 flats) and Paris (around 129,000 flats) follow in second and third place.
According to calculations by DIW Econ, a subsidiary of the German Institute for Economic Research (DIW), the Austrian capital Vienna will have a supply gap of 110,000 apartments.
Groundbreaking ceremony Gartenpark Korneuburg
Wiener Komfortwohnungen is building a residential project consisting of five buildings in Korneuburg: the Gartenpark Korneubrug. The symbolic groundbreaking ceremony for the building ensemble designed by the well-known architects of Moser Architects took place today, Wednesday, 27 November 2019, with the CEO of Wiener Komfortwohnungen, Alexander Finster, City Councillor and National Councillor Andreas Minnich, Councillor for Housing in Korneuburg Hubert Holzer, Sascha Geyer Raiffeisenbank Korneuburg, Gerhard Humer Raiffeisenlandesbank AG Upper Austria,and CEO of Moser Architects Marius Moser. After completion, the Gartenpark Korneuburg will offer more than 17,000 m² of net floor space; completion is planned for 2022. The project volume amounts to approximately EUR 125 million.
