Serious investment thinking that doesn’t take itself too seriously.
In economics and investment 101 classes, students are taught theories underpinned by a sacrosanct assumption that investors are rational. On first hearing, this appears logical and difficult to argue with; it’d be a brave student that stands up to interrupt a professor imbuing foundations that...
The latest UK Anti-Money Laundering (AML) National Risk Assessment (2020) assessed the UK’s property sector as high risk for money laundering (ML). It attributes this to certain...
Property and inflation. My friend, colleague and fellow co-head of research, Kevin White, has spent the past few months quoting Mark Twain and telling me that, “History doesn’t...
Harvesting the low-hanging fruit. “We do not inherit the earth from our ancestors, we borrow it from our children.” (Haida proverb) Despite lofty sustainable development...
It’s time to bring life sciences real estate to investors. 2021 was the year of life sciences real estate and we did three research projects one after the other on this...
Visualising is halfway to understanding. Source: MSCI Monthly Property Index ©2022 MSCI Inc. All rights reserved. It’s hard to visualise risk, but MSCI produced a mesmerising...
We should all learn to share the experience with others. OK, I need to preface this article by saying that, in today’s world, I am not old. I am constantly being told that 60 is...
A new golden age looms. Retail has been at the epicentre of cyclical and structural change. Prior to Covid 19, the sector was grappling with rapid ecommerce growth and changing...
2021 was a year fraught with challenges, ranging from the emergence of new Covid-19 variants to regulatory pressure on China's property developers. Asia Pacific (APAC) saw an...
Land prices should now outperform other asset classes, especially when compared to their underperformance during the previous period of deflation, argues this writer. In November...