February 2017 Issue
AMERICAS NEWS: Viva multifamily
The road toward institutionalization for Mexico’s rental housing sector remains challenging, but recent key milestones have been encouraging.
EUROPE GC: Weatherproofing for an unsettled 2017
Tailored investment solutions are a recipe for success in this highly uncertain macro environment, argues Peter Hobbs, managing director of private markets at financial services firm bfinance
ASIA NEWS:UBS’s back yard stick
A second account awarded by the Abu Dhabi Investment Council has enabled UBS to grow AUM in its regional home in Singapore.
EUROZONE: Turbulence ahead
With potential populist victories in elections across Europe, expect another volatile year for the region’s real estate markets. By Jamie Henderson
The replacements
Value-add and opportunistic lenders have filled a void left by traditional banks and securitized products, and now have a firm grip on the private real estate marketplace, writes Thomas Duffell.
ASIA NEWS: The Europeans have arrived
Fund managers running lower-risk investment strategies in Asia are seeing an increasing flow of institutional capital from European investors.
AMERICAS GC: Taxing matters
Comprehensive tax reform should be top of mind for real estate investors in 2017 as it appears to be high on the agenda for Congress and the new Trump administration, says Dave Bragg, managing director at Green Street Advisors
BLUEPRINT: Team Canada
The country’s largest pension fund CPPIB is bolstering its global real estate team as it continues to pursue its aggressive worldwide expansion.
IF THESE WALLS COULD TALK: The big flipper
A London office building became a symbol of the contagion of uncertainty that ripped through the UK property market after last summer’s Brexit vote. By Jamie Henderson
ASIAVIEW: Still going with the flow
Despite rumored restrictions on outbound investment from China, expect the steady flow of capital from the country to continue making its way into overseas property markets.
AMERICAS NEWS: Shifting priorities
While the US is the most attractive destination for capital, investors are expected to shuffle their preferred cities and property types in the country this year.
INDIA ROUNDTABLE: Ready for a rebuild
A raft of reforms aiming to improve transparency has revived global investors’ interest in Indian real estate. Arshiya Khullar finds out if the long-term benefits of these reforms can outweigh the short-term pain being felt by many in the market.
HOT STORY: Opportunists crowd the house
An ever-growing number of private equity real estate firms are raising core-plus real estate capital. But is too much money now targeting the space?
EDITOR'S LETTER: Opportunistic shackles well and truly shed
In 2011, PERE went through something of a re-branding exercise. You may not have noticed, as, after months of analysis, the advice we received was to change very little.
On the path to maturity
Investor confidence in core Asian real estate is growing, but it is only the start of a maturing asset class. An Asia property index could speed up that process, says Cuong Nguyen, head of Asia-Pacific investment research at PGIM Real Estate
AMERICAS NEWS: Massachusetts PRIM goes direct
In an effort to reduce fees, the pension system is making a bigger push into direct real estate investing.
Expert Commentary: India revamped
The private real estate investment market in India is today almost unrecognizable compared with a decade ago, reflects Subhash Bedi, founder of Rising Straits Capital.
AMERICAS NEWS: Hut, hut – hike
This year’s anticipated interest rate increases could affect certain types of real estate investors, for better and for worse.
EURONEWS: Boom time for Irish retail
The acquisition of Dublin’s Liffey Valley Shopping Centre caps a resurgent 12 months for the Irish retail sector, which has seen €2.75bn of trades. By Jamie Henderson