This morning, ImmoStat* announced the figures for the first quarter of 2024 regarding investments made by institutional investors and family offices in the bulk sale of both traditional and managed residential assets.
In Q1 2024, the total amount of residential investments in France, as defined by ImmoStat, is €625 million, which is up by 6% compared to Q1 2023.
Classic, intermediate and intergenerational residential assets totaled €518 million in Q1 2024, which is up by 30% compared to Q1 2023.
Lastly, residential assets under management totaled €107 million in Q1 2024, which is down by 44% compared to Q1 2023.
However, a shadow looms over managed residential assets, experiencing a significant decline. These fluctuations underscore a complex picture, urging investors and industry players to a careful analysis,” stated Stéphane IMOWICZ, President of IKORY.