Investment Trends in Social and Affordable Housing Sector in Europe
This report discusses recent investment trends in the social and affordable housing sector in Europe. It covers the investment history of Housing Europe members, future investment projections, age profile of housing stock, investment in construction and maintenance over the past 20 years, and an assessment of future building activity. The data reveals insights into varying investment patterns and priorities among European countries.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Investment of the Social Investment of the Social and Affordable Housing and Affordable Housing Sector in Europe Sector in Europe Dara TURNBULL (Research Coordinator) dara.turnbull@housingeurope.eu
Objectives Objectives The two primary goals of the survey were 1. To get a sense of the recent investment history of Housing Europe members 2. To enquire as to the likely future investment of organisations over the medium to long term
Responses Responses EU EU- -16 16 Austria Belgium The Czech Republic/Czechia Denmark Estonia Finland France Germany Ireland Italy Luxembourg The Netherlands Slovenia Spain Sweden United Kingdom (Ex-Northern Ireland)
The Age Profile of the Housing Stock Managed by Housing The Age Profile of the Housing Stock Managed by Housing Europe Members Europe Members (EU (EU- -16) 16) 7 7 9 40 37 >50 years 30-50 years 20-30 years 10-20 years <10 years a high degree of variability, in terms of the age profile of housing units managed, between countries 63 per cent of units in Slovenia were over 50 years old, versus only 4 per cent in Ireland Partly explained by nature of housing provider (HA newer than State/Municipal) just 24 per cent of units were built in the last 30 years
Investment in Construction, Rehabilitation and Investment in Construction, Rehabilitation and Maintenance over the past 20 years Maintenance over the past 20 years The three highest spending countries France, the UK and Germany account for around 70 per cent of all investment in new construction France accounts for roughly one-third of spending on new construction by itself The top four spenders France, the UK, the Netherlands and Germany account for three- quarters of M&R spending Nominal spending has increased in most countries in recent years, as economic conditions improved and housing providers looked more into upgrading the energy rating of their buildings
Assessment of Future Building Activity Assessment of Future Building Activity In the period 2019-2030, respondents to the survey estimate that circa 3.25 million new social and affordable housing units will be delivered This equates to around 270,000 units per year Both aspirational and realistic The overall cost of delivering the estimated three million plus additional units is 568bn
Assessment of Future Rehabilitation Activity Assessment of Future Rehabilitation Activity The estimates provided by respondents and Housing Europe show that 380,000 units are expected to be rehabilitated per year on average between 2019 and 2030 This equates to around 4.6 million units in total over the period roughly 21 per cent of the nearly 22 million properties owned or managed by respondents at the time of the survey rough estimate of the investment need approximately 214bn
Assessment of Future Drivers of Investment Assessment of Future Drivers of Investment - - Newbuilds Newbuilds 13 Commercial objectives eg. to gain market share 2 2 2 1 Responding to specific request from public authorities (national and/or local level) 4 9 5 New demand/waiting lists 6 13 0 2 4 6 8 10 12 14 not a priority important to some extent very important top priority
Assessment of Future Drivers of Investment Assessment of Future Drivers of Investment - - Rehabilitation Rehabilitation 2 Modernisation to improve service quality or add features (eg. accessibility) 2 10 5 1 Increasing energy efficiency 7 11 5 Restoring old dilapidated housing to bring it back to decent living standards 5 4 5 0 2 4 6 8 10 12 not a priority important to some extent very important top priority
Thank you for your time Thank you for your time dara.turnbull@housingeurope.eu dara.turnbull@housingeurope.eu
