All REIM articles – Page 111
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White papersWhat’s the opportunity in retirement living?
We look at the investment case behind retirement living communities in the UK against a backdrop of low yields in global commercial real estate.
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White papers2018 ESG Annual Report
Since 2008, PGIM Real Estate has published an annual sustainability report to summarize the progress and commitments made within our environmental, social and governance (ESG) objectives. The 2018 ESG Report was prepared by the PGIM Real Estate’s Sustainability and ESG teams with support from our corporate sustainability and ESG management consultant who we have engaged to enhance our environmental targets and goals, pursue new health and well-being certifications, and expand our tracking systems for governance and social metrics for all of our global regions.
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White papersPGIM’s real estate businesses complete over $35B in transactions worldwide in 2019
The real estate businesses of PGIM completed over $35 billion in transactions worldwide in 2019. The volume represents a total of 954 transactions and includes $14.8 billion in real estate equity investments and dispositions on behalf of third-party investors, in addition to a record $20.5 billion in real estate financing. PGIM is the $1.3 trillion global investment management business of Prudential Financial, Inc.
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White papersCovid-19 Special Update: Logistics & Offices Resilient
As economists adjusted their economic growth forecasts down, it seems inevitable that most leading European economies will enter recession in 2020. To place the current uncertain situation in a relative context, we present three different scenarios:
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Asset Manager NewsOrchard Street completes disposal of West Yorkshire logistics asset for £13 million
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, announces that it has completed the sale of an NHS logistics unit operated by Unipart in Normanton, West Yorkshire, to Urban Logistics REIT for £12.9 million. The sale price reflects a net initial yield of 5.24%.
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White papersInfrastructure debt’s resilience is in its DNA
Infrastructure debt is not immune to a severe economic downturn, but the global financial crisis has left the asset class stronger. We explain why.
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White papersDesolate Spanish farmhouses tell you much about the European property market
Drive through Spain’s interior and you will be captivated by its starkly beautiful landscape. There is, however, a sense of desolation about it. The crumbling broken walls of abandoned farmhouses tucked in amongst the almond groves and pine plantations, and the deserted streets of ancient villages are testament to one of the most powerful demographic forces at play today.
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White papersThe impact of COVID-19 on private debt
As COVID-19 sweeps across the world, a contraction in global growth is causing an adverse short-term reaction to the economy and financial markets. While the extent of contagion from public markets to private debt remains unclear, transactions with strong downside protection should remain more resilient through the crisis, explains Nikhil Chandra.
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White papersSwitching to digital: the paradigm shift in real estate
A shift is underway in real estate: while the industry has traditionally focused primarily on location, the emphasis is increasingly on the collection, analysis and utilisation of data. However, it’s only in combination with artificial intelligence and optimised processes that the industry will benefit from that data, says Alexander Betz, Chief Digitalisation Officer at PATRIZIA.
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White papersCOVID-19: The impact on European real estate
As the spread of COVID-19 and government response continue to evolve, we analyse recent developments and how they could affect European real estate.
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White papersReal Estate House View - Switzerland
Steady performance despite economic cooling: low interest rate environment keeps investors ’ demand up in real estate and supports overall values.
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White papersReal Estate House View - Europe
While currently gastronomy is claimed to be the solution for vacant retail space (although at lower rents due to lower margins!) the food delivery business will become a space disruptor in the near future. While companies like Uber Eats, Deliveroo and takeaway.com are already visible in public, popular new formats such as shadow kitchens or home delivery of groceries are on the rise.
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White papersReal Estate House View - United Kingdom
Underlying UK property fundamentals robust outside the retail sector: pricing relative to bonds remains attractive with limited good quality supply and no over-leverage-expectation of modest economic growth predicts performance over the next five years driven primarily by income.
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White papersThe Coronavirus Pandemic: Impact on the European renewable energy market
Coronavirus disease 2019 (COVID-19) is an infectious disease, which was first identified in December 2019 in Wuhan, the capital of China’s Hubei province, and has since spread globally, resulting in the ongoing 2019–20 coronavirus pandemic.
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Asset Manager NewsPATRIZIA buys BTR development in Amsterdam
PATRIZIA AG, the global partner for pan-European real estate investment, announces the acquisition on behalf of its clients of a 114-unit turnkey residential development in Amsterdam, the Netherlands, from Biesterbos Groep, a Dutch real estate investor and conceptual developer. This transaction increases PATRIZIA’s total assets under management in The Netherlands to EUR 2.1 billion.
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Asset Manager NewsPATRIZIA sells residential portfolio in the Netherlands on behalf of clients
PATRIZIA AG, the global partner for pan-European real estate investment, announces the sale of a large, mainly residential portfolio for EUR 375 million. The portfolio comprises 2,023 residential and 60 other, mainly commercial units, located in 29 cities in the Netherlands. Sixty percent of the properties are situated in the so-called Randstad megalopolis, the urban area in and around Amsterdam and Rotterdam with strong macro-economic growth prospects. The buyer is the Swedish residential real estate company, Heimstaden.
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White papersSwiss Life - Insights: March 2020
Political uncertainty, slowing economies and “lower for longer” – the topics discussed in 2019 continued well into 2020. Apart from Brexit, the US presidential election jumped into focus, while the trade dispute between US and China is still ongoing. For the Eurozone, we expect the economy to grow by 0.9%, slightly lower than the Consensus Forecast of 1.0%. This is marginally better than was expected.
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Asset Manager NewsInvesco Real Estate Sells Prime Frankfurt Mixed-Use Asset To Luwin Real Estate Managers
Invesco Real Estate sells Neue Mainzer Straße 74+80 in Frankfurt (‘Ma’Ro’) to LUWIN Real Estate Managers GmbH The sale crystallizes strong performance for investors in Invesco’s core European programme LUWIN sees strong potential to further develop and optimize the asset
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Asset Manager NewsSavills IM Acquires Leroy Merlin, Piątek, Lodz, Poland For C. Eur 71M From Invesco Real Estate
Savills Investment Management (‘Savills IM’), the international real estate investment manager, has completed the acquisition of the logistics unit leased to Leroy Merlin in Piątek from Invesco Real Estate, the global real estate investment manager, on behalf of Korean institutional investors managed by Vestas Investment Management (‘Vestas’).
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White papersEconomic and Real Estate Outlook in Context of Covid-19
An initial analysis of high frequency data suggests that the world economy is going to experience a recession in first half of 2020 with some hope that the second half may improve given data related to China is starting to show stabilization and growth.
