■ Examination of underlying fundamentals related to supply and demand across 35 European cities identified a number of 'opportunity' markets for expansion. The top five cities included Amsterdam, Barcelona, Berlin, Dublin and Stockholm.
■ European transaction volumes were up 32.9% in 2015 on the previous year. With an annual volume of €416.5m, however, it remains a relatively 'niche' sector albeit this reflects lack of built institutional grade stock rather than lack of investor appetite.
■ Some operators are moving into PRS with a 'hybrid' model. This has the potential to drive additional investment into the sector in general and plus improve the yield profile over a traditional PRS operation.