Investors continue to be active across the Nordic region, with several recent transactions occurring in the retail sector.
From the Current Issue
The New Year has already seen a lot of European fund activity, with two large funds having their final close and a handful of funds beginning marketing.
The landmark Tancící dum (Dancing House) building in Prague, designed by Frank Gehry and Vlado Milunic, has been sold by CBRE Global Investors for €13.35 million.
Foreign capital has been pouring into Spanish retail property. According to Real Capital Analytics, Spain’s retail market had more than €1.4 billion in retail property transaction volume in 2013.
Dublin is the capital and most populous city of the Republic of Ireland, with 525,000 inhabitants living within the city boundaries and around 1.3 million in the wider metropolitan area.
Germany, the epicentre of the euro zone and for decades referred to as the locomotive of the European economy, produces an estimated GDP growth number for 2013 of just 0.4 percent. The German locomotive is running out of steam, it seems, and needs pushing up the hill.
Last year was a breakthrough year for value-add real estate investing in Europe. There are a host of reasons for the migration of investors up the risk curve to either secondary locations or value-add in prime markets.
Sustainability is a topic increasingly broached or even interrogated by investors. This has become an influential factor in attracting new capital or retaining existing fund commitments.
What are the current economic conditions in Romania, the country by the Black Sea, and where will the majority of capital inflows be generated?
Investors’ confidence in the non-listed property fund sector is growing and this is being reflected in attitudes to risk and preferred locations as well as in diversification across a range of products.
News and information were once difficult to acquire. Today, news and information are ubiquitous.
Only 23 private equity real estate funds recorded final closings during the fourth quarter of 2013, according to Institutional Real Estate FundTracker. However, what the group lacked in numbers, it more than made up for in firepower.
International investment activity by Chinese investors increased by 124 percent to $7.6 billion (€5.6 billion) in 2013, according to research from Jones Lang LaSalle. This is an increase from $3.3 billion (€2.4 billion) in 2012 and $2.9 billion (€2.1 billion) in 2011.