It was Peter Peterson, the co-founder of the Blackstone Group, who first sounded the alarm bells about global population ageing. Back in 1999, his book, Gray Dawn: How the coming age wave will transform America — and the world, warned that the number of retirees in the developed world was growing much faster than its collective workforce. 14 times faster, to be precise.
The buzz around autonomous vehicles, which drive without the need for human interaction, seems to be everywhere, with major automakers and technology companies joining forces to revolutionise the transportation industry.
The growth of the REIT structure globally presents both opportunities and challenges to investors and emerging REITs. Let’s take a look at the major REIT markets around the world, as well as the potential emergence of India’s first REIT.
PATRIZIA Immobilien acquired the landmark Eurotower office building in Frankfurt in December last year for Taiwan-based insurance company Fubon Life.
While institutional allocations to private real estate have been rising globally, many plan sponsors and advisers grapple with the question of how they should develop a robust implementation strategy for their private real estate buckets.
Labour costs in the global construction sector are rising at their fastest pace in 10 years, dampening pipelines and increasing the possibility of strong rental growth in most real estate sectors.
The listed real estate industry is in the vanguard of efforts to reduce greenhouse gas emissions, but more action is needed if targets are to be met.
The UK government has launched a new £675 million (€747 million) fund aimed at boosting many of its ailing high streets and town centres.
J.P. Morgan Asset Management has held the final closing of its European Opportunistic Property Fund IV with €1.14 billion in equity capital.
Proptech start-ups are finding ponderous decision-making processes a major barrier when it comes to establishing partnerships with established real estate companies.
BlackRock’s annual survey of global institutional investors has found that real estate is one of the top three most favoured asset classes for 2019. 54 percent of the investors questioned by the manager have said that they intend to increase exposure to real assets, while 47 percent are to allocate more capital to private equity, and 40 percent to real estate.
Airbnb has been a part of the hospitality mix for 10 years. It was originally conceived as a place for people to list their homes as an extra source of income and for travellers to book short-term accommodation after two friends rented out three airbeds in their San Francisco living room after struggling to pay their rent. Since those humble beginnings, it has been credited with revolutionising our approach to travel by opening people’s eyes to the alternatives to hotels. So much so, that it would be hard to find someone who hasn’t had their own experience of it, whether good or bad.
There is one development that, on the surface has touched billions of people and, on a much deeper basis, has brought the world much closer together than one is led to believe could be possible these days. What could this be?