Institutional Real Estate Europe
April 1, 2015: Vol. 9, Number 4Buy For $195.00 Add to Cart
Toil and trouble: Given all that is happening, why does Europe continue to be attractive to real estate investors?
The European Central Bank’s programme of bond buying finally got underway in January to counter economic stagnation and deflationary risks in the euro zone.
Moving up the risk curve: Investors searching for appropriate risk-adjusted returns are modifying their investment style
Greater confidence in Europe's economic backdrop, rising valuations in core property markets and lacklustre bond yields have all combined to create growing hunger for real estate’s riskier assets.
Growth will come: The strategic outlook for European real estate remains positive
Europe remains in the early stages of economic recovery, with the pace of growth continuing to disappoint.
An inherent pragmatism: Austria is healthy but is not fully fit
Is Austria still one of the wealthiest countries in the world or is it afflicted by a lingering weakness disease?
Much to think about: Uncertainty can be made to work for you
In my opening remarks at VIP – Europe, I always try to recap some of the recurring themes that we’re picking up during discussions at our editorial advisory board meetings around the world. The following is a recap of this year’s themes.
The bucket list: Applying value investing to real estate
Global gateway cities such as London, Sydney and New York City are attracting unprecedented interest from international real estate investors. Value investing has been developed and applied successfully to public markets for more than 80 years. Its lessons are important and can be applied to real estate.
2014 volume surpasses
Throughout 2014 investment volumes were always on track to exceed the levels of 2013.
For once, Europe is not the place to be
According to the Savills World Office Yield Spectrum, published in conjunction with Deakin University, San Francisco and Sydney currently offer the most attractive office investment yields among the world’s top 11 cities.
Sweden hits new heights
Total investment in Swedish property last year reached SKr 160 billion (€17.37 billion), the highest level since 2008.
Logistics: Leading from the front
The logistics sector has been the most popular commercial real estate sector for some time now.
This month there was a final close and two first closes.
Corestate enters Spanish market
Corestate Capital of Zug, Switzerland, has formed a joint venture with Inmobiliaria Espacio and OHL Desarrollos of Spain to pursue residential and commercial real estate projects in Spain.
2014 proves to be year of the mega-fund
Only 27 private equity real estate funds recorded final closings during the fourth quarter of 2014 – four funds short of the number closed during the fourth quarter of 2013.
Germany: Quality will shine through
The poor economic performance of Germany in 2014 and the loss of the country’s moniker as the “locomotive of Europe” has been reversed in recent months.