What is the best route for investors in real estate in 2019? Steady as you go or all change? The outlook for real estate fundamentals globally in 2019 remains generally positive, although the pace of improvement appears to be moderating amidst a slowing global-economic-growth backdrop.
From the Current Issue
Although European commercial and residential real estate remains attractive, risks are rising. Purchase prices across all asset classes are high, yields are low and investors continue to feel high investment pressure.
Among the many consequences of the GFC was an overriding yearning among LPs for more control. This desire permeated many facets of their investment portfolios, prompting some deep discussions about risk, reliance on advice and the true value of active management.
Korean investors have helped real estate transaction volumes in the Czech Republic exceed €1 billion in the first quarter 2019.
Low levels of speculative office development and high demand mean that almost half of European office space under construction is already pre-let.
London’s West End and City districts are the only European office markets that will experience growing office rents over the next three years. A report by the Investment Property Forum has found that the overall trend for European office rents is one of weakening growth up until 2021.
The extended-stay concept was first developed in the US in the early 1970s. Pioneered by Residence Inn, it was subsequently advanced by a variety of now well-established hotel brands and operators over almost 50 years.
Uncertainty continues to surround the Brexit saga, which, in turn, continues to disrupt the FX markets, raising the costs and the risks of cross-border investing for UK and EU investors.
Property developer Flow East has announced that its new landmark development in Prague’s Wenceslas Square will be called “The Flow Building”.
If you go back some 20 years or so, real estate was a small part of an institutional investor’s overall portfolio. The asset class was also somewhat sidelined due its opaque nature. When it came to understanding its risk-return profile, it was thrown by many into the “too difficult” bucket.
Greystar Real Estate Partners has launched a new flagship fund series that looks to establish a real estate portfolio in the UK.
Slowing economic growth, political uncertainty, high pricing, and the difficulty of sourcing assets have all contributed to European commercial real estate investment transactions sliding to their lowest level in six years in the first quarter of 2019.
Science, or art? To the uninitiated, the two are antithetical concepts. However, the two fields are not that dissimilar — they both try to answer similar questions about human nature and societal aspirations.