REC staff
Real Estate Capital UK commentary After a flat start to the year, UK REIT share prices have bounced up 7% since mid-February, making the UK market the best-performing globally in February, with a 6.6% total return. Investors’ enthusiasm for the sector is thought to stem from a belief that commercial property will provide a hedge […]
UK market overview Last month the Jones Lang LaSalle Balanced Fund Index experienced its strongest rate of growth since the middle of last year, rising 0.45%, compared to 0.22% in January, writes Julian Schiller. The index has risen 1.0% in the past three months and 6.26% for the preceding 12 months. Taking into account secondary […]
Figures showing a slight rise in returns and weak but positive capital growth have stimulated 2011 and 2012 contract pricing CBRE-GFI market commentary The 2010 IPD Annual All Property Index, released at the end of February, revealed 15.1% total returns for the year, writes Sam Whitham – 15bps lower than the 2010 contract price […]
Flat capital growth is the name of the game for the next two years. Respondents to the latest Colliers CRE/Real Estate Capital Pricing Survey still expected negative capital growth this year, but were slightly more optimistic than in the previous survey, in November. For 2012, investors predicted a 0.9% rise in capital values, compared to […]
As well as raising a third fund for its Glenn Arrow series, pan-European property fund manager Aerium is starting a venture to fill a gap in the housing development market, writes Lauren Parr
The bank’s future is uncertain, but its head of real estate says it will “come back into the market” this year and can play a part in helping create a sustainable financial system. Jane Roberts reports Pbb Deutsche Pfandbriefbank, the good part of Germany’s nationalised Hypo Real Estate, has been telling property clients and other […]
Insurers unable to make property decisions due to lack of detail on EU rules, writes Alex Catalano
Insurance giant forms logistics joint venture in plan to boost property assets, writes Jane Roberts This month, German insurer Allianz Real Estate took a step towards its goal of boosting its indirect property holdings by €5bn in the next three to four years when it committed an initial €400m of equity to a logistics joint […]
Winning bid for Barclays’ ‘non-core’ unit boosts Capita’s loan servicing push, reports Lauren Parr
Funds targeting debt or other niche areas had an edge in tough first quarter, reports Jane Roberts Capital raising for UK-based fund managers remained as difficult as ever in the first quarter of this year. “It is still bloody tough out there,” says David Rendall, European CEO of Cushman & Wakefield Investors. This month CWI […]