Real Assets – Page 7
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White papersISA Outlook 2024: North America – healing … gradually
In the North America chapter of ISA Outlook 2024, we discuss how our key global themes apply in the context of the United States and Canada. Property markets in both countries spent much – if not most – of 2023 wondering when the US and Canada would hit their peak rates. At the time of writing, the answer to that question remains uncertain.
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White papersISA Outlook 2024: Europe – getting ready to go
In this chapter of the ISA Outlook 2024, we discuss how our key global themes apply in a European context. While property markets in Europe spent much – if not most – of 2023 in a waiting mode, rebased prices and strong fundamentals in many sectors suggest the time for action is drawing closer.
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White papersA unique population position for Australia
Australia’s population has increased at historically high levels, far higher than anticipated and materially increasing the real estate requirements across the major sectors.
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White papersIt isn’t easy going green
Kermit the Frog, the ringmaster of The Muppets – an anarchical cast of puppet characters popular on the silver screen – once lamented in song that ‘it’s not easy being green’. Property owners, managers and developers can sympathise. With governments under pressure to meet the Paris Agreement commitments [climate change goals seeking to limit global warming to 1.5°C], attention is swinging towards the role buildings play in producing carbon dioxide (CO₂).
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White papersUK long lease real estate: A unique access point for new capital
Investment market conditions for UK long lease real estate look more attractive than they have since the GFC. With the retreat of Defined Benefit (DB) pension schemes as well as a rapid repricing of UK real estate in response to interest rate rises, an opportunity has arisen for new sources of capital to access investment grade, inflation-linked cash flows secured against high quality real estate, at what could be attractive value.
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White papersMarket Update third quarter 2023
After two strong, resilient years, the Dutch economy is experiencing a cooling-off in 2023 as a result of significant interest rate hikes by the ECB.
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White papersIdentifying and implementing solutions for the decarbonisation revolution
Revolutions take time. Whether it’s political upheavals, such as the French revolution in the late-19th century or the Bolshevik version in Russia two generations later, or societal transformation, such as the industrial revolution in the 18th and early 19th centuries, the pace of change can seem extremely quick but, in reality, such events are years and lifetimes in the making.
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White papersCromwell’s European Market Monitor – Q4 2023
Market Monitor gives our views on the latest data and trends from the financial markets and their impact on commercial real estate. The latest one covers ECB rates, credit standards and rate decline indicators.
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White papersISA Briefing: Big numbers with big implications
The real estate investable universe in 2023: In an uncertain market, it is tempting to prioritize cyclical questions such as the risk of recession and the path of interest rates over structural topics with longer-run implications. But challenging periods in real estate markets can also be attractive times to build exposure to the asset class.
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White papersU.S. Life Sciences Real Estate: The Long-Term Outlook Remains Bright Amidst Robust Secular Demand
Over the past several years, institutional investor interest in purpose-built U.S. life sciences real estate has grown rapidly.1 Several significant secular demand factors, as well as the COVID-19 pandemic, have led to historically high public and private capital funding levels.
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White papersTech investing still a priority: Interview with Nicola Goll on technology as the backbone of new business models
Technology is the single most heavily weighted sector for us and this is completely by design, given that it has outperformed other key industries so significantly and for so long.
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White papersThe Real Estate Secondaries Market
The secondaries market is experiencing continued remarkable growth and becoming a prominent segment of the private real estate investment landscape.
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White papersCromwell Market Monitor
Market Monitor gives our views on the latest data and trends from the financial markets and their impact on commercial real estate. The latest one covers tightening credit standards, bank liquidity and green financing.
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White papersESG and Investment Strategy: a virtuous relationship
Environmental, social and governance (ESG) is a high priority for real estate investors, but there is no agreed industry position on what ESG means in practice for investment strategy.
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White papersGreenwashing: transparency is everything
Many companies have publicly declared their environmental, social and governance (ESG) strategies to formalise a commitment to net zero and align to the UN’s sustainable development goals.
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White papersIt’s time to think about nature: Biodiversity and real estate funding
Although the consideration of biodiversity risks remains limited for most assets so far, their longer-term impact is undeniable and needs to be considered when funding real estate.
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White papersPutting the September selloff in U.S. listed REITs into perspective
We’ve argued over the course of this year that markets presented attractive entry points for listed real estate. Recent declines in listed REIT valuations, driven by macroeconomic uncertainty, do not alter this view.
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White papersHow will AI shape the real estate investing landscape?
Artificial Intelligence is a transformative technology that we believe will be a net positive for real estate, though it has the potential to create both winners and losers across the investing landscape.
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White papersPrimonial REIM Germany Perspectives
Global geopolitical tensions have reached a new peak as a result of the war in the Middle East So far, however, it appears that a spillover of the conflict into neighboring countries and direct involvement of the major international powers can be avoided, so that the economic impact in Europe is also low.
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White papersUK real estate: Performance after repricing?
The UK economy: Reduced drag - LGIM expects both the UK and the US to enter recession before the middle of 2024. This forecast positions LGIM at the lower end of consensus, although the absolute reduction in GDP expected is modest compared to previous recessionary periods.
