It’s been a while since we’ve explained what this publication is all about, so I thought that I’d devote this month’s column to that end.
From the Current Issue
What typically passes for real estate risk analysis is at best simplistic sensitivity analysis — perturbing one variable, while holding other variables constant, to see the effect on the IRR or the equity multiple.
Two surveys, each dealing with different aspects of real estate investment in Europe, have reinforced the view that, despite a growing feeling that markets are reaching peak levels, there is unlikely to be any change soon in the high volumes of transaction activity witnessed in recent years. The reasons for the activity still stand and […]
Germany may be struggling with the migrant crisis and with the high numbers of people moving around the country but that is not stopping real estate investors from seeing another group of travellers as part of their investment strategy — hotels, existing and in development, are increasingly regarded as appropriate investments for the generation of long-term, stable income.
Seven new funds were launched in March.
The office sector in most major European real estate markets had a very good 2015. Some markets, most notably London, have seen rents and take-up reach and even exceed 2007 levels — and have seen the corresponding investor interest. Others are seeing a slower recovery, but are moving strongly in the right direction.
Sometimes it seems, for an institutional investor, that adding value to a real estate portfolio is as simple as dropping capital into a noncore bucket. Unfortunately, unlike money, investment strategies cannot always be taken at face value.
The amount of private equity capital focused on real estate investment has reached levels not seen since peaks registered in 2007 and 2008, according to Partners Group’s semi-annual report H1 2016 Private Markets Navigator.
For sellers of high-quality real estate assets in global cities, liquidity is currently likely to be of little concern as market activity at present is comparable to 2007 levels.
European commercial property has experienced something of a renaissance in the eyes of institutional investors, with investment volumes rocketing and even topping 2007 levels in some instances.