Real Assets – Page 65
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White papersEuropean office occupier market - The rise (and fall?) of European serviced office providers
After the turmoil surrounding the failed IPO of WeWork, it seems an astute time to take stock of the state of the occupier market and consider some of the longer-term implications for landlords
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White papersProperty Market Overview: Q3 2019
The UK economy managed to avoid a technical recession in Q3, GDP grew by 0.3% during the three months to September, following a 0.2% decline in output in the second quarter. The services and construction sector both delivered positive output over the period of 0.4% and 0.6% respectively, while the manufacturing sector flatlined. Even so, a slew of weaker readings on the domestic economy suggests that the underlying pace of economic activity will be subdued in the final quarter.
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White papersReal Estate Outlook – Edition 4, 2019
Returns slowing but rate cuts supportive of sector
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White papersSpace as a service: The rise of flexible working
The rise of flexible working is a trend that has caught the headlines. We explain why the trend is here to stay, what it means for companies and how investors can adapt to the changing nature of the workplace.
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White papersBrazil On The Rise
Investor expectations of the newly elected President Bolsonaro and Economy Minister Paulo Guedes were high following an election victory based on an agenda of security and reform. In December 2018, Wall Street economists ranked Brazil as the top investment opportunity for 2019 according to the December 5-17 Bloomberg surveyi of 30 economists and investors, largely based on the market-friendly campaign promises, and an economic agenda with four stated priorities:
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White papersItalian real estate market
The relation between Italian Government bond rates and the local real estate market.
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White papersReal Assets Study
Our Real Assets Study provides insight into European institutional investors’ appetite for real estate, infrastructure, private corporate debt and structured finance. It highlights the need to address ESG issues, looks at whether supply can meet demand, as well as gauging the potential impact of global challenges such as trade wars.
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White papersImpactful intent: housing for a sustainable future
We believe that we can use our platform at Hermes to deliver a vision of a sustainable future that can help create social cohesion and hasten the transition to a post-carbon economy.
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White papersThe global appeal of hospitality real estate: a Preqin & Pro-invest report
Outperformance is attracting a record amount of international capital into the sector
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White papersConnections and communities
Today, a handful of urban centres are pulling away from their rivals – creating more innovation, more growth and more jobs. Those changes have deep implications; understanding them and what they mean for local communities takes joined-up thinking.
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White papersCapitalizing on an inefficient market - The case for active REITs
When it comes to choosing ‘active’ versus passive management in REITs, the proof of ‘why active’ is in the results.
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White papersA case for commercial mortgage-backed securities
Years of accommodative central bank policy and slow economic growth have pushed yields down and asset values up. Mounting growth concerns and a transitioning global economy will only add to the challenges for investors.
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White papersM&G Europe Real Estate Market Outlook
Growth outlook softens but mixed sentiment for European economies. Real estate continues to offer relative value as investors switch to safe haven asset Attractive qualities of European residential to expand its investible universe Growth potential of European logistics makes it a long-term strategic bet Positive dynamics of office sector ...
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White papersRising Development Costs - A Silver Lining For Commercial Real Estate?
Nationwide, new commercial real estate (CRE) occupancies are near record highs across all sectors amidst a slower pace of new development. Rising construction costs have limited new supply of institutional-quality property and prolonged much-needed updates to functionally obsolete property. Overall, U.S. commercial building costs have risen 30% over the past decade.
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White papersQuarterly update on drivers in real assets - Q3 2019
In our regular update on drivers in real assets, we assess the impacts of a possible downturn in the euro zone. We touch on cash generation, the valuation outlook and the significance of security and ranking in the capital structure.
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White papersResearch Blast - Italian real estate market – October 2019
The relation between Italian government bond rates and the local real estate market
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White papersFocus on real asset investing - Income secured on real assets
Investor allocations to real assets are growing, attracted to tangible stores of value and the potential diversification of risk exposure
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White papers
Q4 2018 – US QOZ Impact on Real Estate
As part of the 2017 Tax Cuts and Jobs Act of 2017, Congress created a new provision in the tax code to incentivize investment in designated Qualified Opportunity Zones (“QOZs”), lower income areas that would benefit from capital investment and development. Senior Treasury officials estimate that the QOZ tax benefit program could channel over $100 billion of private capital to these emerging areas across the country with the significant potential to positively transform real estate markets across the US. While the tax benefits are substantial, GTIS strongly believes that the underlying real estate opportunities have to stand on their own and provide compelling risk-adjusted returns. QOZ fund sponsors to date have largely focused on a select few urban gateways.
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White papers
Q2 2019 US Market Commentary
Global geopolitical headwinds have continued to drive business uncertainty in the US, led by the ongoing trade dispute with China. In response to the trade uncertainty, businesses have postponed fixed-asset investment until greater clarity is established on the potential future global supply chain map. Acting on slowdown in business investment, the Federal Reserve delivered an “insurance” interest rate cut in July, reducing the fed funds rate range by 25 basis points. Long-term yields, which are set by market expectations, have fallen considerably since the November 2018 high, with 30-year mortgage rates falling in tandem.
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White papers
Q4 2018 – Brazil Investment Opportunity Overview
The current environment presents a unique opportunity where near-term “smart money” capital and long-term investors are both aligned on Brazil’s future. Illustrating that dynamic, a consensus of economists and strategists ranked Brazil as the top opportunity in 2019 according to year-end Bloomberg survey of investment managers, while long-term-focused foreign direct investment reached a record-high 4.6% of GDP in 2018.
