One of the dominant narratives in both the public equity and real estate markets over the past several years has been the idea that an unstoppable wave of online retailers — with Amazon and Alibaba Group at the forefront — will decimate traditional bricks-and-mortar retail businesses and the prospects of their landlords, the owners of retail real estate.
Reaching above your head, you grab the last handhold and pull yourself up, finally solving the problem you have laboured on your last three lunch breaks. In your moment of triumph, you pause to enjoy the 120-metre-high London view through the climbing window you are perched on. Yes, climbing window.
If you managed to ride the wave of the great recession and hang on to your sanity over the past decade, you will be forgiven for looking at the coming year with a degree of despondency.
Research carried out by Preqin has found that the performance of real estate assets continues to keep investors more than satisfied.
Existing and prospective buyers of Polish retail sites have not been discouraged by the country’s new Sunday trading restrictions and stricter commercial property tax regulations.
Several managers have launched new vehicles focusing on the European market.
Over the last few years, there has been an increasing convergence between traditional real estate finance, leveraged finance and debt capital market products. Currently, this is being expressed in the form of high-yield bonds.
Despite entering a period of tense political uncertainty, Italy’s real estate sectors look set to continue to prosper, no matter what particular stripes its next government adopts.
Assuming he recovers from recent heart surgery, Arnold Schwarzenegger will begin filming his scenes for the sixth full feature installment of The Terminator franchise this summer. The former governor of California will once again team up with James Cameron, the director of the first two Terminator movies, who will act as executive producer.
Institutional investors should be keeping a close watch on liquidity in the coming few quarters as the European Central Bank (ECB) looks to end its quantitative easing (QE) programme in September.
The façade of the Huntdertwarsser house in Vienna. A favourite with sightseers, the building was designed by the expressionist artist and architect Friedensreich Hundertwasser.
A great city is not to be confounded with a populous one, so said Aristotle.