Uncertainty was once again the overarching theme at the 2021 Institutional Real Estate Europe editorial board meeting, held virtually between 27 and 29 September and attended by 29 investors representing €589 billion in real estate assets under management and 16 investment managers who manage some €793 billion of real estate among them.

The American economist Milton Friedman once famously proclaimed that inflation was taxation without legislation.

The European hotels sector will resume its long-term trend of strong annual growth as the market recovers from the impact of the COVID-19 crisis.

Data centre development has been most notable in Dublin and London so far this year, according to a report compiled by data centre research and analytics platform DC Byte and Knight Frank.

As the saying goes, “History doesn’t repeat, it rhymes.” Thirteen years ago, the collapse of Lehman Bros in the United States sent shockwaves throughout the global financial system.

Having now entered a period of economic recovery, the UK’s real estate market is to enter a “slow but steady” upturn in fortunes, opening up longer-term opportunities for investors across sectors and geographic areas.

Inflation jumped sharply in many countries during the summer months. This was to be expected, as consumers are now making deferred purchases following the relaxation of COVID-19-induced restrictions and the vaccination campaigns.

Core values are essential to any successful business. They define the critical beliefs that guide decision-making, responsibilities, and the basis for relating to each other and the outside world.

Madrid-based Azora has completed the final close of its latest pan-European hospitality fund, Azora European Hotel & Lodging (Azora EH&L), with €815 million in total commitments — plus some additional co-investment capital.

Fuelled by significant population growth, a push for bigger and better housing, and complex bureaucratic red-tape stifling new development, the mismatch between supply and demand in key German residential real estate markets has continued to widen.