Therein lies the rub: Real estate markets continue to have issues
Three of the topics that persistently come up at our Editorial Advisory Board meetings are “performance measurement,” “valuation” and “transparency”. This past board meeting for The Letter – Europe, conducted during the week ending 19 September at Powerscourt near Dublin, was no exception.
Participating in this year’s meeting were representatives from 17 pension funds, life companies, family offices and sovereign wealth funds from Germany, the Netherlands, Ireland, Singapore, the United States, Canada, the United Kingdom (still united!), Finland, Norway and Denmark. These investment institutions represent our institutional investor readership around the globe, and collectively control more than €1.37 trillion in AUM, and more than €126.9 billion in real estate assets. Joining them were representatives from the 17 investment managers who sponsor this publication — organisations that collectively control more than €3.36 trillion in total assets