Hints and tips:
...“Jon can be working for you or me — whoever — and everybody trusts him,” he said, observing: “We always think of real estate as this down and dirty, aggressive business.” (Which it is)....
...Robert Godfrey quit as head of property investments to join real estate group Savills in February 2021....
...Max Nimmo, a real estate analyst at stockbroker Numis, pointed out the particular problems for “open-ended” property funds, which allow daily dealing when the underlying asset is inherently illiquid....
...When Bruce King, director at Cheffins estate agency in Saffron Walden, Essex, brings a property to market in the catchment area for the Ofsted-outstanding Saffron Walden County High School, he says around...
...CLS suffered from a 6 per cent drop in its European Real Estate Association (EPRA) net tangible asset (NTA) value, amounting to a £136.5mn devaluation, which it blamed on “the rising interest rate backdrop...
...The news comes less than two months after the firm limited withdrawals from its mammoth $125bn Blackstone Real Estate Income Trust, or Breit, which owns a sprawling portfolio of assets including logistics...
...Tweaking the rules to allow long-term asset funds (LTAFs) to be held within Isas could enable retail investors to gain exposure to assets such as infrastructure projects, commercial real estate and venture...
...Only launched in 2017, Blackstone Real Estate Income Trust (or BREIT) has grown rapidly....
...This had the effect of nudging up its pre-tax profit at a time when many of its peers in the listed real estate investment trust (Reit) space are swinging to big losses....
...As higher interest rates drag down property values, many other FTSE 350 real estate investment trusts (Reits) have posted losses for the same reason....
...Like Blackstone Group’s much larger Breit fund, the $1.6bn KKR Real Estate Select Trust fund refused to accommodate all the investors who wanted to run for the exits....
...Among them was Xiong Wanli, a real-estate tycoon who he met in Los Angeles at the end of the 1990s....
...were pulling money out of Blackstone’s private real estate investment fund Breit at an increasingly rapid pace....
...Moshiri’s spokesperson denied this, telling the BBC that he “has never been nor is he now involved in the management and/or control of the Sutton Place Property Unit Trust”....
...Instead, the hunt for an owner shines a light on the opaque, convoluted ownership structures that have helped make UK property a preferred destination for the global wealthy to park their millions (or billions...
...The tussle over Adler is reshaping the landscape of Germany’s real estate market, where the twin forces of falling interest rates and rising property prices have propelled the value of listed landlords higher...
...“Holiday homes have made a real comeback,” says Claudio Saputelli, head of real estate in UBS’s global wealth management division....
...The Los Angeles-based firm stripped real estate group Evergrande of its ownership of a vast plot of land in Hong Kong — codenamed “Project Castle” because the Chinese property developer’s chair had for a...
...The property magnate has broken a more than decade-long media hiatus to battle accusations of running a “secretive, kleptocratic cabal” controlling significant chunks of the German real estate market, as...
...Investment Management....
...Many of the UK’s estimated 300,000 stores are owned by big real estate investment trusts or pension funds....
...Jordan Roeschlaub, vice-chair of capital markets at Newmark Knight Frank, a commercial real estate broker, is among those who have reassessed their view of the market....
...However, there is one group of FTSE 250 stocks that has yet to see much of a “freedom bounce” — UK Reits (real estate investment trusts) specialising in London office developments....
...There are also yawning discounts on most real estate investment trusts (commonly known as Reits) particularly those exposed to retail property as online sales surge....
...The Schroder Real Estate trust, a type of investment fund that is publicly listed and invests in property, also recently reinstated its dividend after postponing it earlier this year because of the “market...
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