The European living sector is undergoing a massive structural shift, moving from a niche allocation to an essential institutional asset class. Volatility is high, but the underlying fundamentals of demographic shifts and a vast housing shortage across Europe present a compelling opportunity.

This episode explores the critical elements for success in this market and how to drive superior investment performance. António Dias and Tom discuss what is driving this structural change, EQT’s hands-on ‘local with locals’ investment DNA, and their back-to-basics 'missing middle' strategy. The conversation also details how to underwrite exits in the current volatile market and why an appreciation for operational expertise is the backbone of the living sector.

Our guest is Tom Livelli, Partner and Head of Living Strategies at EQT Real Estate. Tom is a leading mind in European living strategies, overseeing the firm's built-to-rent residential and specialised living segments across the continent.

THINGS WE SPOKE ABOUT

Institutional shift in European living
EQT's local with locals investment
The 'missing middle' renter strategy
Underwriting real estate exits today
Career advice on depth and operations

GUEST DETAILS

Tom Livelli is Head of Living Strategies at EQT Real Estate, where he leads the firm’s European living platform across build-to-rent, multifamily, student housing and specialised residential strategies. He is responsible for the development and execution of EQT’s pan-European living investment thesis, focusing on scalable platforms, operational excellence and long-term value creation. Tom also champions themes such as the "missing middle" and sustainable housing, positioning EQT as a leading investor in the living sector.

Tom Public Contact Details:

Company Website: https://www.eqtgroup.com
Linkedin Profile: https://www.linkedin.com/in/livelli/

QUOTES

I think depth beats breadth, yeah, and so, and I think it's better to be focused and expert in something than to be spread thin across many things. - Tom Livelli

So in our world, fewer amenities. It can actually improve the investment performance, because it it first of all, it increases the number of opportunities that you can can access - Tom Livelli

Housing, of course, it's essential right, demand for housing doesn't just evaporate in a downturn. - Tom Livelli

KEYWORDS

European Real Estate, housing shortage, institutional interest, living strategies, affordability challenges, demographic drivers, build to rent, resilient income, middle income renters

MORE INFORMATION

Havenstone Capital is a Real Estate Investment and Asset Management firm with a pan-European focus. Leveraging on the team’s extensive experience on both the Equity and Debt markets, Havenstone Capital is dedicated to managing investments across the entire investment cycle in the real estate market by managing and funding real estate projects in various asset classes.

Visit our website; havenstonecapital.com

This podcast was produced by dustpod.io