Nowadays, car parks are highly appreciated by investors because of the proven track record of this asset class which had previously been overlooked by the institutional investment world for a long time. This has gradually evolved over the last decade as more and more investors recognise the unique qualities and attractive risk-return profile in this asset class.
Urbanisation is an ongoing trend in Europe that puts a great deal of pressure on the quality of public space and inner-city life resulting in the rapid reduction of on-street parking. Car parks are critical in facilitating this reduction by freeing up street space. In addition, the volume of passenger vehicles is forecast to rise.
Our Parking Team has written an article about the car park investment market.
Read full article here.