According to LaSalle Investment Management research, environmental factors will contribute significantly to the financial performance of real estate portfolios over the coming years, and investors will need to put increasing focus on green buildings if they are to maximise returns. The research finds that buildings with green attributes warrant a higher price in recognition of […]
Real estate investors will continue to encounter low interest rates, muted inflation and sluggish growth in most of the world’s major real estate markets for at least the next couple of years according to the 2013 LaSalle Investment Management outlook for the global real estate markets.
A heavy exposure to Germany proved to be a winning strategy for European property funds last quarter, and advisors are continuing to favour real estate investments in the region’s largest economy to “weather ongoing volatility” elsewhere on the Continent.
Risk aversion and flight to safety in European property markets have risen to much higher levels, with the price of core real estate increasing over the last six months, while the price of less attractive assets has hardly moved at all.
LaSalle Investment Management has completed the management transfer of US-based JER Partners’ European fund management business – including 11 investments with over 90 assets in two funds, covering eight jurisdictions.
The sub-prime mortgage crisis and its fallout effectively froze any move towards real estate investment, but the thaw has been under way for some months, and many investors are actively engaging with property holdings again.
Aviva Investors has revised its expectations for European real estate downwards but the UK group, BNP Paribas and LaSalle Investment Management argue Europe can offer investment opportunities in esoteric real estate sectors.