Institutional Real Estate Europe
October 1, 2012: Vol. 6, Number 9Buy For $150.00 Add to Cart
Life in the Fast Lane: Investors Are Speeding to Embrace Infrastructure, But This Diverse Asset Class also Demands Skill and Caution
There is an urgent need for infrastructure assets globally, and at the same time there is an emerging appetite among institutional investors for investments that share the characteristics of the infrastructure asset class. If we toss in the fact that the traditional means of infrastructure funding are proving to be woefully insufficient, the forward-looking potential for infrastructure as an investment class looks robust.
Rising to the Challenge: Investors Seek the Safety of Core but Growth in Core Europe Is Weak, So Performance Is Divergent
Uncertainty over Europe continued to be at the heart of investors’ worries during the summer as the risk of a euro break-up heightened, with attention shifting from Greece to Spai. Constrained credit availability and a lack of suitable product continue to be the main concerns for investors in the current market.
There’s a New Fund in Town: German Insurance Companies Are Looking at Debt Funds to Provide a Solution to More than One Problem
German insurance companies have a big problem. They need to generate sufficient profits in order to meet their long-term liabilities vis-à-vis their policyholders. How can they achieve this in a time of decreasing interest rates, tumbling stock markets and general economic malaise? The shining beacon on the horizon, promising decent returns and salvation: debt funds.
Play It Again, Sam: As with any Competitive Activity, There Are Winners and Losers in Europe’s Commercial Real Estate Markets
As the world reflects on the medal winners and the records broken at the 2012 Olympic Games in London, we take a look at the winners and losers in Europe’s real estate investment market at the half-year stage, using Q2 2012 results collated by Cushman & Wakefield. And as Brazil now starts to prepare to host the 31st Olympic Games in 2016, we assess the prospects for Europe’s real estate markets over the next four years.
The Big Get Even Bigger: Investment Managers Report Increases in AUM as Property Markets Improve
There’s a new world order among real estate investment managers, at least at the top, according to a recent global survey of 129 real estate investment managers conducted by UK-based Property Funds Research.
Embracing the Change: Real Estate Funds and Fund Managers Need to Take Account of the Changes that the New Regulatory Environment Will Bring
The global economic crisis has taken a toll on financial markets, leading to a greater need for investors and governments to become more familiar with the most recent developments on all investment operations. This has resulted in the emergence of new government regulations. In order to gain an edge, managers will need to familiarise themselves with the new regulations and the areas they will impact.
Aberdeen Raises Swedish Residential Fund
Aberdeen Asset Management has held a first close of the Aberdeen Residential Sweden Fund with €115 million from institutional investors.
- AXA Real Estate Sells Paris Office
- Cordea Savills Acquires Prime Finnish Property
Cordea Savills Holds First Close for Retail Fund
Cordea Savills has held a first closing of its European Retail Fund with €70 million in equity from four German institutional investors.
Demand Exceeds Supply in Russian Real Estate Market
Russian commercial real estate investment could reach $4.5 billion (€3.6 billion) in 2012, reports CBRE.
- Natixis and AEW Europe Launch Loan Fund
Orchard Street Buys UK Industrial Estates
Orchard Street Investment Management LLP has agreed to buy two industrial estates in the United Kingdom.
- Orion, Quadrant to Redevelop Former Daily Mail HQ
Renta Sells Madrid Asset for Hotel Development
Spain-based Renta Corporación has sold 80 Gran Vía in Madrid for €20.5 million.
RREEF Buys UK Retail Properties
RREEF Real Estate, the real estate investment management business of Deutsche Bank’s Asset Management division, has acquired two prime UK retail properties on behalf of two German institutional clients.
Supply/Demand Imbalance Supports Student Housing Markets on the Continent
While student accommodation is an established niche property sector in the United Kingdom, there are growing opportunities for investment in student housing in continental Europe.
TEIF Sells in Norway and Belgium
Tamar European Industrial Fund (TEIF) has sold an 18,352-square-metre fully-let logistics warehouse in Drammen, Norway, for NKr 148.35 million (€20.3 million).
UBS Buys London Office Asset
UBS Global Asset Management’s Global Real Estate – UK team has acquired a London office asset on behalf of the £154 million (€194 million) Investment Circle UK fund.
UK Housebuilder Backs Hearthstone Fund
Hearthstone Investments, a specialist residential property fund manager, has received a seed investment deal of £22.5 million (€28.4 million), spread over three tranches, from Barratt Developments, a UK housebuilder.
- Union Investment Buys Across Europe
UNITE Sells UK Student Housing
UNITE, a UK developer and manager of student accommodation, has sold two noncore student housing properties in London.