Matthew Sgrizzi, Fund Manager for LaSalle Encore+

Q. Greater consensus around long-term interest rate expectations has helped European core capital return to the market. With growing geopolitical instability, do you still have the confidence to actively deploy capital?

A. We do have confidence, though it requires discipline and selectivity. We’re prioritising assets where cash flow resilience can withstand modest rate volatility – the quality of income and tenant covenant strength have always been paramount in our underwriting, and that discipline is even more critical now. The key is distinguishing between short-term noise and structural repricing. Geopolitical events create headline risk, but the underlying supply-demand dynamics in our target sectors remain supportive.

Read the full ‘Thought Leadership’ article at the link below