Real estate market pricing can be determined by a number of factors, ranging from local to domestic and global indicators. But these market forces can sometimes create disconnects in capital markets that can allow cross-border investors an advantage to compete in certain markets.
From the Current Issue
It’s true. The Blackstone Group and its senior executives will never make the cover of The Institutional Real Estate Letter. Neither will any of the other top 10 largest investment managers, nor any other manager, for that matter.
The need to diversify portfolios and generate stable long-term income continues to draw sovereign wealth funds to the real estate asset class.
Despite battling the rapid expansion of e-commerce and near-stagnant economic growth in many regions, retail rents rose by an average of 2.4 percent worldwide in the 12 months to September 2014.
December 2014 continued a mixed pattern of performance witnessed throughout 2014 as the broader markets struggle to reach consensus on the true direction of global and regional growth while still digesting the impact of government policy moves and election results.
Tokyo in October is a breath of fresh air, which can also be said about the open and honest discussions held there this past October for the seventh annual Editorial Advisory Board meeting for The Institutional Real Estate Letter – Asia Pacific.
For several years now, we have been emphasising that prime, core or gateway markets are crowded and that, as prices have risen, the surest way to achieve outperformance is to target the big secular changes under way in demographics, technology and urbanisation — a theme we have dubbed “DTU”.
With 40 stations linking Reading in the west through London’s city centre and out to Essex in the east, the Crossrail project is transforming the real estate landscape around the British capital.