Real Asset Media Thought Leaders

CEE market benefits from effective pandemic response

RealCast: Brookfield sees interest rate boost, Derwent London results and UK GDP hits record low

Promising outlook for cycle-agnostic PBSA sector

'Prudent optimism for Iberian real estate' António Gil Machado, Director, Iberian Property

EU rescue package timing crucial for real estate

James Wallace, Contributing Editor, Real Asset Media, tells The Real Asset Day that the €750 billion EU package of loans and grants is good news because it will trickle through to real estate and boost occupier cash flow.

However, much depends on how quickly the funds are released and then distributed to countries.

It will also be governed by the way in which the pandemic develops. And, will there will be a second wave?

EU stimulus package is good news

James Wallace, Contributing Editor, Real Asset Media, tells The Real Asset Day that the EU reached a landmark deal that shows solidarity in a time of crisis and will bind the block together, but it is important that the resources be distributed quickly and then allocated wisely. There is a risk of moral hazard as the EU will not have enough oversight over how and where the money is spent

RealCast: Investor appetite for residential REITS and Hammerson VIA stake sale

In the spotlight this week: Hammerson's sale of VIA Outlets to APG as part of £825m cash raise and UK housebuilders get a boost from 'Planning for the future' Government proposals.

Dan Innes, Nicol Dynes and James Wallace join Richard Betts to discuss these and the other key real asset headlines for the week including:

• EPRA figures show discounts to NAV (Net Asset Value) reducing for UK Residential as sentiment improves.

• VIA Outlets - Hammerson stake sold to APG for €301m.

• Hammerson aiming to raise £825m to improve liquidity after posting a significant loss.

• UK Government's 'Planning for the Future' proposal creates controversy but boosts sentiment for the UK residential sector.

• Digitisation of real estate takes centre stage.

Modest pipelines will help the European office market

Hans Vrensen, Head of Research & Strategy Europe, AEW, tells The Real Asset Day their research shows that new supply of offices in the next five years will be less than half of what it was before the GFC.

Office building boom underway in Paris

Hans Vrensen, Head of Research & Strategy Europe, AEW, tells The Real Asset Day that their new research shows the French capital has the highest level of speculative office development.

 

RealCast: H1 2020 data in the spotlight

Q2 2020 GDP figures and Real Capital Analytics deal data show Europe is performing better than the US and Italy better than expected.

Judi Seebus, Nicol Dynes and James Wallace join Richard Betts to discuss these and the other key real asset headlines for the week including:

 

• Q2 GDP figures set negative records in the US and Europe but Italy better than expected.

• RCA deal data - mega deals mask big fall in deal volumes

• URW results, mixed picture but some bright spots including Spain.

• Starwood raises $11bn and targets real estate & distress.

• Azora raises €680m for hotel fund.

• Italy bounces back with office deals.