All Europe articles – Page 13
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White papersKey takeaways from COP29
The dust has settled on the climate negotiations. The Conference of the Parties to the UN Framework Convention on Climate Change (COP29) took place in Baku, Azerbaijan in November. The UN negotiations focused on climate finance goals and carbon markets. The negotiations overran, and the final outcome has been seen by many as an important and modest step forward, and a contentious compromise.
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White papersCore real estate: 5 big reasons why it’s back
We found five reasons for calling a turning point in the fortunes of an asset that sits at the heart of many property portfolios. What do you think?
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White papersDecarbonising buildings lags amid discrepancy between SFDR and EU Taxonomy
Decarbonising buildings plays a critical role in achieving the EU’s goal of climate neutrality by 2050. Hence, the EU’s ambition to have the region’s building stock fully decarbonised by mid-century and reduce the sector’s greenhouse gas emissions by at least 60% by 2030. However, the absence of unified regulatory standards is restraining the potential for investors to get involved, writes Nicolas Toupin.
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Asset Manager NewsInvesco Real Estate caps record 2024 for logistics deals with forward development of Grade A site in Piedmont
Invesco Real Estate, the EUR 80bn global real estate investment business of Invesco Ltd. (NYSE: IVZ), has forward funded the development of a Grade A 25,000 sqm cold storage logistics facility in the Piedmont region of Italy on behalf of a long-standing German separate account mandate.
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White papersLDI 2025: A roadmap for European asset owners
The evolving market dynamics of 2025 are set to redefine the landscape for insurance portfolios, with diverging monetary policies, rising geopolitical risks, and the increasing importance of energy transition risk at the forefront. In this outlook, Generali Asset Management’s LDI investment team explores strategic approaches to address these challenges, from optimizing duration and spread management under Solvency II to leveraging private assets for enhanced yields and stability.
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Asset Manager NewsInvesco Real Estate Europe Fund III and Simten launch new platform ‘Original Works’ and exchange contracts for first London office development project
Invesco Real Estate, the USD 85bn global real estate investment business of Invesco Ltd. (NYSE: IVZ), and Simten, the London based developer of healthy and sustainable buildings, today announce that they are creating a new platform to combine their expertise in both real estate investment management and development.
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White papersEuropean leveraged loans outlook 2025: The recovery continues
As we enter 2025, optimism surrounding the European leveraged loans market builds despite the geopolitical backdrop remaining unpredictable. This outlook reviews the factors that defined the European loans market in 2024 and discusses the key drivers likely to impact it over the next 12 months.
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Asset Manager NewsASR Dutch Mobility Office Fund Focuses Strategy exclusively on G5 Cities in the Netherlands
The fund sells one office in Zwolle and two offices in ‘s-Hertogenbosch. The ASR Dutch Mobility Office Fund sold three offices from its portfolio last year: Schellepoort in Zwolle and the offices Pavillon and Semaphore in ‘s-Hertogenbosch. This aligns with the fund’s refined strategy to focus on offices near major intercity stations exclusively in the G5 cities of the Netherlands: Amsterdam, Rotterdam, The Hague, Utrecht, and Eindhoven.
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Video2025 Outlook for European Fixed Income: From Uncertainty to Opportunity
In 2024, we had a lot of election risk driving market volatility, and as we enter 2025, we still have a lot of political uncertainty in the form of French and German politics, as well as uncertainty from outside of Europe in the form of tariffs.
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White papersEuropean Fixed-Income Outlook 2025: Adversity, Uncertainty, Opportunity
European bond markets are climbing a mountain of worry. Despite the risks, history suggests a positive outcome.
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White papersThe Patchwork of Eurozone Pension Systems and Budget Constraints
The issue of pension systems in Eurozone countries is significant because pension outlays represent a substantial portion of GDP. And an ageing population increases financing needs. At the same time, country deficits – and consequently debt – have deepened during the Covid period, including through higher interest rates.
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White papersThought paper on European private real estate debt 2024
More than a year has passed since we published our first Thought Paper on the European Private Real Estate Debt Market in June 2023. In that paper, we explained the general market environment for commercial real estate lending, its growth drivers and our investment beliefs for private real estate debt investments considering the structural changes and the dislocations in European property and financing markets.
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White papersPensions find new sources of long-term cash flows
An upside of higher rates for pension schemes is a reduction in the value of future liabilities. Many defined benefit (DB) pensions in Europe are taking advantage of this to derisk portfolios by locking-in higher-yielding, public investment grade fixed income assets, according to Nuveen’s 2024 EQuilibrium survey. This is freeing them up to explore more private investments and, in some instances, these investments are also playing into schemes’ environmental and social objectives.
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White papersMacroeconomics, Geopolitics, and Strategy - December 2024
Inflation is coming down much faster than the ECB expected only last September, with the headline measure (2.2%) now inching very close to its target. The latest 25bp cut and its revised forecast on 12 December, suggest that the ECB should get to its target by mid-2025.
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White papersGermany’s path ahead
In Germany, the poor economic performance of the last two years has taken centre stage.
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Asset Manager NewsRedevco Acquires £518 Million UK Retail Park Portfolio from Oxford Properties
Redevco, one of Europe’s largest privately owned real estate managers, completes the acquisition of a portfolio of 16 retail parks across the UK for £518 million. The portfolio was assembled by Oxford Properties via the M7 Real Estate specialist platform it acquired in 2021.
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White papersEuropean bonds shine ahead of ECB meeting
European bonds have performed strongly over the second half of the year and remain appealing heading into 2025 thanks to projected ECB rate cuts.
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Asset Manager NewsSlättö announces first close of third flagship Nordic Value Add fund with 50% of target commitments
Slättö today announced the first close of its third flagship Nordic value-add real estate fund, Slättö Value Add III, securing SEK 2.5 billion (EUR 220 m) in committed capital, including co-investment capital.
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White papersEuropean Real Estate: Prime’s Time?
A cooling economic backdrop in Europe and prospects for further monetary policy easing favor core property—given its bond-like investment attributes—over secondary assets.
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White papersEuropean Securitisations: Risk and Opportunities for Pension Funds
European Securitisations have recently attracted attention, with 2024 to date seeing record volumes of issuance since the Great Financial Crisis. European regulators have also shown strong support through several recent reports (from Noyer, Letta and Draghi), which have led to a public consultation from the European Commission. We review the opportunities and the associated risk of European securitisations for pension funds.
