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The insurance world is mobilizing modestly for housing

2024-03-15T16:56:48.459Z

Highlights: The insurance world is mobilizing modestly for housing. The government announces an investment of 400 million euros by 14 insurers to build intermediate housing. An amount too low to relaunch new construction but the government's workhorse on the housing front. The pressure exerted on institutions is finally starting to bear fruit. The result is there. However, it appears… This article is reserved for subscribers. You have 75% left to discover. Flash sale €4.49/month for 12 months I ENJOY IT Already subscribed? Log in.


DECRYPTION - The government announces an investment of 400 million euros by 14 insurers to build intermediate housing. An amount too low to relaunch new construction.


It is the government's workhorse on the housing front.

For months, he has been trying to convince institutional investors to focus on intermediate housing.

The objective is to massively develop the supply of intermediate housing which allows the middle classes to find accommodation at rates 10

% to 15

% lower than market rates,”

explained Bruno Le Maire, following a meeting with the Federation of Insurers and the Caisse des Dépôts et Consignations (CDC) on March 14.

For this, we need investments and we need investors.

»

The pressure exerted on institutions is finally starting to bear fruit.

Today, insurers are committed to providing more than 400

million euros of equity to finance the intermediate housing sector,”

Bercy rejoices in a press release.

There are 14 insurers who are committed to investing directly or indirectly in this type of housing.

»

One billion to build 10,000 homes

The result is there.

However, it appears…

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You have 75% left to discover.

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Source: lefigaro

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