The respective results of 4 December 2016 of the presidential election in Austria and the constitutional reform referendum in Italy unleashed the latest round of uncertainty and volatility in European politics, certainly in relation to Italy, and markets reacted accordingly.

One megafund was launched and one held a final close during November 2016.

The retail sector has always been popular with investors, even if the office sector has often been dominant.

The scale of the changes underway in the macro environment, from a
slowdown in China, to Brexit, to the shock result of the recent US presidential election, to the risk of other possible shock results in upcoming elections and referendums across Europe has meant that investors are struggling to decide where they should look for value and how best to assemble their property portfolios.

Make no mistake, we are living in an era of regime change. Even after Brexit, which I expected and had prepared for, it was impossible to convince people of the real prospect of a Trump victory.

Real estate crowdfunding has emerged as a fast-growing segment of the global crowdfunding market.

When it comes to making investing decisions, most investors and their managers think in terms of what they already know and what already exists, rather than what they do not know and what does not yet exist.