BRUSSELS, BELGIUM-An increase in the proportion of European real estate held in the form of listed Real Estate Investment Trusts would be of immense benefit to governments, capital flows, and underlying property markets, says European listed real estate association EPRA.

EPRA Finance Director Gareth Lewis says in a new study that the European REIT market presents huge potential but is relatively underdeveloped; only 2.5% of Europe’s real estate is held through the fiscally-favored vehicles, around half global average. While Europe contains 41% of the world’s real estate, the proportion held in listed vehicles is only 20%. “Closing that gap would generate important tax revenues for governments, improve inflows of capital into European member states, provide liquidity in an illiquid market, and improve the built environment,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.