“Residential is interesting if you look at it as an investment market now. We will explore entering this segment, the residential investment market. For instance, Austria’s residential investment market was less than 5% three years ago. It has grown towards 10% in the past two years. They expect the market to grow because it is a safe and stable product,” Razvan Iorgu said.
Geo Margescu, CEO and co-founder of Forte Partners, too, said at ZF Birouri&Rezidential 2019 (ZF Office&Residential 2019) that he was considering investment in residential projects for rental purposes, prompted by the rising demand for home rentals near office buildings.
(English version by Loredana Fratila-Cristescu)