The 6 percent sell-off of listed global real estate stocks since the end of November 2015 is “unjustified by the fundamentals” according to NN Investment Partners (NN IP), the Dutch asset manager.
Speaking on the opening panel of law firm DLA Piper’s 2016 European Real Estate Summit, Richard Bentley – head of UK real estate finance at Helaba – predicted a slowdown but then possible bounce-back in the UK market this year as a result of the referendum on European Union (EU) membership.
The pace of rental growth in London increased from 7.8 percent in 2014 to 8.5 percent last year, according to the London Markets Analysis report by research firm MSCI and London property consultant Levy Real Estate.
The former Omni Capital Partners, owned by the Candy brothers’ CPC Group, has changed its name to Fortwell Capital Limited (Fortwell).
Engel & Voelkers Investment Consulting (EVIC) has appointed Thorsten Brogt as executive director of business development to oversee the roll out of its distressed debt/real estate opportunity funds unit.
Commercial property transactions totalled $1.2 billion in 2015, down 2 percent from 2014, according to the latest Global Capital Trends report from Real Capital Analytics.
There appear to be two counteracting forces at work in the real estate debt markets in the early part of 2016. On the one hand, there is some caution and nervousness. Market players are looking at events out of their control, such as the negative effect of woes in China on stock markets around the world and wondering whether there may be signs of a new crisis looming in 2016.
Leading domestic lender Bank of Ireland has set its sights on a sustainable recovery, reports Daniel Cunningham.
Kohlberg Kravis Roberts (KKR), the US alternative asset specialist, has teamed up with two Chinese partners to target credit and distressed opportunities in the Chinese market.
A groundbreaking fourth quarter meant the market for European real estate loan sales and real estate owned (REO) deals reached a new record of €85.9 billion in 2015, according to a report from Cushman & Wakefield.