Green means growth: Investors and managers have learnt to love sustainability benchmarks
The commercial real estate industry has known for years that it needs to reduce its environmental impact.
The commercial real estate industry has known for years that it needs to reduce its environmental impact.
While the serviced-office sector has existed for decades, over the past 10 years or so since the global financial crisis, flexible-office space has leaped to the forefront of the world’s leading office markets and mushroomed in key cities around the world. Millions of square feet of prime locations in the most sought-after cities have been taken up by flexible offices.
As maintained in the second part of this series of articles (see pages 27–30 of Institutional Real Estate Europe January 2020), investors in the euro zone should appreciate certain risks that the euro itself introduces.
European real estate debt investors continue to benefit from sluggish economic growth. A decrease in business confidence has prompted central banks, including the European Central Bank (ECB) and the Bank of England, to reverse interest rate re-normalisation plans and keep rates lower for even longer.
PATRIZIA has raised €634 million for its flagship discretionary value-add fund, TransEuropean VII LP (TEP VII).
Some €28 billion of investor capital has been invested into Europe’s student housing market over the last five years.
The UK’s office sector is being accused of failing to address the amount of energy it throws away on heating and lighting buildings.
Cross-border investment into Europe bounced back in 2019, registering a 10 percent rise when compared to 2018.
Over the past couple of years, we have seen a build up of increasingly negative sentiment toward the retail sector where all assets, regardless of their operational performance and other potentially compelling fundamentals, including location, are being tainted by the same brush.
The German economy has experienced an unprecedented boom over the past 10 years. Coupled with low interest rates and cheap loans, GDP growth has boosted the real estate market and prompted many investors to put their money into German property.
Do brokers provide a sufficiently accurate picture of cyclical risk?