Since the Brexit vote in June 2016, the UK has gone from a macroeconomic outperformer to an underperformer due to the extended uncertainty on the final terms of the separation.
As yields on European commercial real estate have tightened to record lows over the last two years, investors are fully justified to question whether direct real estate offers sufficiently attractive returns.
• France is projected to post a strong increase in GDP growth in the next five years, while German and UK growth is shifting down in the same period
Secondary benefits as non-core loan sales continue a pace
In this forward looking report, we update our market scoring analysis using in-house forecasts in order to identify the strategies that we believe will deliver outperformance for our investors over the medium term.