UK: Total value of exports to EU 27 countries in February 2020: £13,869bn As percentage of total overseas exports: 51% Percentage change since previous year: -7% Percentage change in retail sales in April 2020 compared with last year: -23% Latest percentage change for August compared with last year: 3% Percentage change in value compared with […]
Governments and central banks have had to resort to intervention on a massive scale – there will be a price to pay for the distortion caused. Consequences. It’s always about the consequences. It’s a pleasure to write something for the Property Chronicle because I can think about the long term, rather than just the short-term […]
Real estate probably isn’t one of the first industries that comes to mind when thinking about climate change – but it should be. Globally, the built environment is responsible for around 40% of energy-related carbon emissions, so getting to net zero by 2050 (as many countries have committed to do) is a considerable challenge. Despite […]
This article was first published in May 2018. Investing is usually a matter of judgment as well as calculation. What will do well, and what will do best over the period you envisage? Investing in books — or art of any kind — includes this element, but it also includes intrinsic interest, pleasure, taste. A […]
Rents are known to be volatile as demand and supply interact to create cycles. Rents are also known to vary enormously across properties based on their planning use class, location and condition. This article explores whether the rent setting context is also significant in determining the level of rent and whether this varies in weak […]
As the real estate industry looks to learn from the fallout of covid-19, one issue which should be at the top of the list is to recognise the glaring mathematical limitations in the traditional performance measurement models. Engineering a solution is important; as with high value thresholds and illiquidity, investment decisions cannot be easily changed […]
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker will reflect on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal […]
Floating on a sea of money, will asset prices eventually sink – or make landfall on the solid ground of economic recovery? Global equity markets have performed pretty well in the year to date, even as the world’s major economies are only slowly rebooting from Covid-19. Over the eight months to late August, as we […]
This article was originally published in November 2019. Pricing vintage comics isn’t just about scarcity and quality – the characters are the key to value. “Comic books to me are fairy tales for grown-ups.” So said renowned comic publisher Stan Lee in a 2014 interview. And while there is definite investment potential in comics, for many […]
Here at CBRE Global Investors we are knee-deep in our semi-annual ‘global house views’ process, where we update all our real assets forecasts, risk-adjusted returns, model portfolios and preferred strategies. In the pre-covid days, the process started with a comprehensive set of national to sub-market macro-economic forecasts. But now, we have to start with a […]
