Brexit
Top picks: what topics will dominate at EXPO REAL this year?
Global politics, from the US-China trade war to the ongoing misery of Brexit, are likely to be on the agenda at EXPO REAL this year. REFIRE talked to industry experts to find out what other issues are likely to dominate the trade fair this time. Read more
Brexit and Germany’s new rent laws pull down EPRA listed sector values
Ongoing uncertainty about Brexit on the one hand, and dismay at the drastic political measures in Germany to curb rent and price increases, took their toll on the respective listed property markets in the UK and Germany, dragging the value of... Read more
German funds avoiding UK, but still see rising risk profile
The report’s ratings, which reflect the risk-return ratio of open-end real estate funds compared with alternative investments, surveyed 20 funds with €90bn assets in total. Seven of the funds were for institutional investors. Read more
Fresh from a record fundraising year, BNP Paribas has ambitious investment plans: Q&A with Barbara Knoflach, global head of BNP Paribas REIM
BNP Paribas Real Estate Investment Management (BNP Paribas REIM) had a record fundraising year in 2018, pulling in €3.8b, of which €1.6bn was in new cash with an additional€2.2bn in separate accounts/mandates. Read more
Pfandbrief banks welcome law amendment to safeguard Pfandbrief business in UK after Brexit
Germany’s Pfandbrief banks have welcomed the law amendment to safeguard Pfandbrief business in the UK after Brexit, following the Bundesrat’s adoption this month of the Tax Act relating to Brexit. Read more
Four in 10 SMEs in the UK fear they will go out of business within one year of a ‘no deal’ Brexit: German firms in the UK also feeling the heat
Four in 10 SMEs in the UK fear they will go out of business within one year of a ‘no deal’ Brexit, according to a national survey carried out this month by SME landlord M7 Real Estate. Such is the chaos surrounding Brexit that 32% of the 1,084... Read more
Kintyre hits €1.5bn of AUM
Frankfurt-based real estate investment and management firm, Kintyre, grew its AUM by more than 20% last year to €1.5bn, in a sign that more investors are setting their sights on Germany as Brexit chaos deepens in the UK. Read more
Listed Belgian Immobel enters German market with Frankfurt tower
The Belgian Immobel Group has bought the “Eden” residential tower project in the Gallus district of Frankfurt am Main, marking the group’s first entry into the German market. Read more
CapitaLand International targets German gateway cities
Singapore-based CapitaLand International - the wholly-owned international business unit of one of Asia’s largest real estate firms, CapitaLand Group – is on a drive to boost its exposure to German gateway cities next year... Read more
Macro downside risks fail to depress sentiment in European real estate
A report from RICS based on professional feedback to its latest quarterly Global Commercial Property Monitor says that Europe continued to show strongest momentum of all global real estate markets in third quarter, with German cities, Netherlands... Read more
German cities are ‘absolutely overpriced’ - report
German cities are becoming too expensive for many investors, in a sign that they are not prepared to pay absolutely any price for prime assets, according to PwC’s ‘Emerging Trends in Real Estate Europe 2019’ report, published this month. Read more
Know when to hold ‘em, know when to fold ‘em
Last weekend’s elections in the state of Hesse brought the result that most people expected, and with it a further nail in the coffin of the remarkable career of Angela Merkel. Read more
EXPO REAL 2018: which topics will keep the halls buzzing?
EXPO REAL will kick off again in Munich in a few days’ time. As conversations at the fair are a reliable barometer for investment in months to come, REFIRE asked some of Europe’s major players which topics we can expect to dominate this year. Read more
‘Flight to safety’ escalates among international real estate investors
The ‘flight to safety’ has escalated over the past 12 months as international investors become more cautious, according to London-based online investment platform BrickVest’s latest commercial property investment barometer. Read more
Upsurge of investment into Germany by Russian investors
A new study we stumbled across recently suggests that increasing number of Russians are now investing in German real estate. This probably comes as no surprise, but inevitably, quantitative figures have always been hard to come by. Read more
Berlin again tops ULI/PwC Emerging Trends survey for 2018
For the fourth year in a row, Berlin has topped the table of the 31 best European cities for real estate investment and development in 2018, according to a forecast published by the Urban Land Institute and PwC. Read more
Germany in 2018: market remains upbeat, despite political uncertainty
Despite the looming threat of entering a new year with no coalition government in place, Germany is poised for a strong 2018, real estate experts say. However, the failure of Angela Merkel’s CDU party to form a coalition government two months... Read more
Subordinate financing grows, Brexit to boost traditional financing
Several panel discussions at the recent Expo REAL in Munich dealt with property financing, while two timely reports in particular appeared on the future availability of loan finance, and the growing market for subordinate financing in Germany. Read more
INREV: All-German Index produces 1.2% performance in Q2
The All German Vehicles Index delivered returns of 1.2% over the first quarter of 2017, according to data provided by INREV, the European Association for Investors in Non-listed Real Estate Vehicles. Read more
Yanis Varoufakis: a progressive Brexit transition can be built – on both sides of the Channel
Insurgencies often end up betraying the ideals that motivated them. Brexit seems no different. In no time, it has shed its intellectually most powerful motive: the full restoration of sovereignty to the House of Commons. Read more