A considered view of real estate, investments and beyond


Latest Article

U.S. REITS AT A GLANCE: THE RIGHT RISKS WITH BLUE-CHIPS

First, let me offer up my thanks. It’s been over a week since my introductory article appeared here, and I’ve been hearing the response was very good. I’m so grateful. Thank you.  This week I want to touch on “risk” … when investing in REITs (Real Estate Investment Trusts).  As a long-time, U.S.-based commercial real estate developer, investor, analyst and writer, I encounter risk daily and have learned much about risk during the past three decades of my career. I’m sure that... Read More >

Recent Articles:

U.S. REITS At A Glance: From REIT to Shining REIT The world of U.S. Real Estate investing
Please allow me to skip a fuller introduction of myself - time is short, your time valuable, and article word counts understandably limited.  First, thank you for including me in The Property Chronicle. I am honored and humbled to share my Read More >
Singapore REITs #2 On top of individual REITs counters, retail investors also need to be aware of the Overall Market Sentiment by looking at the Singapore REITs Index
In my last article for The Property Chronicle, I gave an overview on: The definition REITs (Real Estate Investment Trust) The reasons to invest in REITs as an alternative to physical real estate investment The Benefit and drawback on Read More >
Singapore REITs – Why, which and when? Why you should include REITs in your current property portfolio
What are REITs? REITs are collective investment schemes that invest in a portfolio of income generating real estate assets. The assets of REITs are professionally managed and rental income generated from assets are distributed back to unit Read More >
Listed Real Estate is in remarkably good health The UK economy is either growing or capable of pumping out reliable income streams
The UK’s listed real estate sector was hard hit by the taper tantrums of 2015. It tried to recover but any hope of a return to the bull market conditions which prevailed from the lows of 2009 were snuffed out by Brexit. The sector hasn’t been Read More >
Shopping centre with glass shop front in foreground A slow dance towards transparency Is the real estate debt funding industry ready to change?
Real estate debt funding globally is a huge machine – turning over $400bn annually in the US, and approximately €225bn in Europe, of which the UK makes up roughly 25-30%. The European figure, however, is a very broad estimate because at any Read More >
A pile of gold coins and bars “No, what I meant was…” Interpreting fund manager euphemisms
Given time, most industries develop a jargon which allows participants to exude a professional glow and some degree of intellectual superiority when addressing outsiders (especially when poised to charge for their services). This is notably true Read More >
US dollars on a wooden table Underwriting to the downside… Why current debt market conditions are both a difficulty and an opportunity
UK lending teams reconvening after the summer this autumn and scrutinizing unspent budgets will be looking warily with their credit committees at the challenge of successful deployment in Q4. Most debt investors would acknowledge that there is Read More >
London skyline How can REITs reduce their discounts in the absence of M&A activity? M&A is not coming to the rescue of investors just yet, but there are new trends beginning in the listed REIT sector
Previously in this column we looked at what appeared to be the start of a new trend of M&A in the property sector, following the bids for Market Tech and Kennedy Wilson Europe. However, the trend has in fact not materialised. It seems that Read More >
Abstract arrows and numbers Premium income or discounted ‘growth’? The latest on the real estate investment trusts
In the last few weeks central bank watchers claim to have detected a new mood emerging from this summer’s gathering of the clan. A desire to follow the Fed down a path which leads to ‘normalisation’ of interest rates and the unwinding of QE Read More >
Piles of coins with seedlings growing out of the top of them Mind the bank-shaped gap Our debt markets expert Emma Huepfl considers the latest trends in transacted lending
It is almost a decade since the beginning of the end of the debt-driven property boom. Back then, British banks supplied 72% of the finance to the market, Germans and CMBS supplied most of the remainder, and little else could compete. Anyone Read More >
Close-up of stacks of pennies Whither the open-ended funds? Adrian Elwood discusses alchemy in finance and the illusion of liquidity
Everyone knows that it is not possible to turn base metal into gold and yet there is often a degree of alchemy involved in finance. In the case of property, the alchemists would have us believe that if it were only possible to find the right Read More >

Featuring

Investor's Notebook

Smart people from around the world share their thoughts

Read more >

The Macro View

The week's financial news and how it connects across all asset classes

Read more >

Technology

Fintech, proptech and what it all means

Read more >

Uncorked

A sideways look at the world of wine

Read more >

The Fund Manager

Real money - the capital allocators

Read more >

The Architect

Some of the profession's best minds

Read more >

The Auctioneer

What's going on in the auction world

Read more >

Residential Investor

Making money from residential property investment

Read more >

The Professor

Analysis and opinion from the academic sphere

Read more >

Face to Face

In-depth interviews with leading figures in the property world

Read more >

The Headhunter

Recruitment and career moves

Read more >

The Analyst

Investment themes and trends

Read more >

The History Man

A look back at previous cycles, events, characters

Read more >

The Economist

Money, rates and prices

Read more >

The Agent

Reflections on estate agency, today and in past times

Read more >

Political Insider

The inside scoop on Westminster and Whitehall

Read more >

Editorial Notes

The latest thoughts from the editorial team

Read more >

Our Partners