Ehdotuksesta Euroopan parlamentin ja neuvoston asetukseksi liikekiinteistöjä koskevista muista kuin rahoitustilastoista
A-10-2026-0215
Talous- ja raha-asioiden valiokunta · Rapporteur: Ľudovít Ódor
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Parliament's amended version of the Commission proposal for a regulation on non-financial commercial real estate statistics. It adds recitals on past financial crises, a Financial Stability Board report and the 2028-2034 Multiannual Financial Framework, and removes social housing from the definition of commercial real estate.¶¶¶ It requires pilot studies on vacancy rates and rental yields by 1 January 2029, covering short-term rentals, prime and non-prime locations, the residential/non-residential distinction and social housing, and assessments of the variable list by 31 December 2029 and of the pilot studies by 31 December 2031.¶¶¶ It replaces the delegation of power to amend the variable list with a review clause, allows derogations of up to four years, and postpones the application date to 1 January 2028.¶¶¶
Committee position. The Committee on Economic and Monetary Affairs proposes to adopt Parliament's first-reading position with amendments to the Commission proposal, including removing social housing from the definition, adding pilot studies and assessments, replacing the delegation of power with a review clause, extending derogations to four years and postponing application to 1 January 2028.¶¶¶
Key points
- Parliament adopts its first-reading position on the proposed regulation on non-financial commercial real estate statistics.¶¶
- A new recital states that past financial crises have shown real estate market developments can reverberate through the financial system and severely impact the real economy.¶
- A new recital cites the Financial Stability Board report of 19 June 2025 on vulnerabilities in non-bank commercial real estate investors and the data gaps it identifies.¶
- The definition of physical commercial real estate no longer includes social housing, and the corresponding point in Article 2 is deleted.¶¶
- National statistical institutes and the Commission (Eurostat) may access and use new data sources, including privately held data, but requests to private data holders must not impose a disproportionate economic burden.¶¶
- Member States must carry out pilot studies on vacancy rates and rental yields before 1 January 2029, assessing costs for private data holders and public authorities, with priority for short-term rental data.¶¶
- Pilot studies may cover short-term rentals, prime and non-prime locations, the residential/non-residential distinction and a breakdown of the variable list by social housing.¶¶¶
- The Commission is to publish an assessment of the variable list by 31 December 2029, including whether social housing distorts monitoring of financial stability, and of the pilot studies by 31 December 2031, each possibly with a legislative proposal.¶¶
- The delegation of power to amend the variable list is replaced by a review clause, and the related delegated-act provisions are deleted.¶¶¶
- Statistical units must provide information in electronic and machine-readable format, and electronic records of transactions where available.¶¶
- Member States must transmit data at NUTS 3 level where available.¶
- Derogations for major adaptations to a national statistical system are extended to a maximum of four years, and the regulation applies from 1 January 2028.¶¶¶
Who is affected
- National statistical institutes and other national statistical authorities: may access and use administrative and private data free of charge.¶
- Private data holders: must provide data and metadata free of charge on request, without disproportionate economic burden.¶¶
- Statistical units: must cooperate and provide timely, accurate and complete information in electronic and machine-readable format.¶¶
- Member States: must compile and transmit data, carry out pilot studies and may request derogations of up to four years.¶¶¶
- The Commission (Eurostat): may request private data, launch pilot studies and publish assessments.¶¶
Figures and deadlines
- 1 January 2029: deadline for launching pilot studies on vacancy rates and rental yields.¶¶
- 31 December 2029: deadline for the Commission's assessment of the variable list.¶
- 31 December 2031: deadline for the Commission's assessment of the pilot studies.¶
- four years: maximum duration of derogations for major adaptations to a national statistical system.¶¶
- 1 January 2028: date from which the regulation applies.¶
- 19 June 2025: date of the Financial Stability Board report cited.¶
- 2028-2034: period of the Multiannual Financial Framework financing European statistics.¶
Legal basis: Article 294(2) and Article 338(1) of the Treaty on the Functioning of the European Union.¶