Investors must urgently review their portfolios to ensure they are aligned with the major changes taking place – it’s happening faster than you think. It is widely acknowledged that real estate is set to see widening polarisation in performance, but the speed at which this will occur – and the consequent implications for investment strategy […]
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 […]
For income-hungry investors that have hoovered-up corporate debt in recent years, this really matters. Call me nostalgic, but investment grade (IG) credit just isn’t what it used to be. Theoretically, IG bonds and borrowers are highly unlikely to default. In practice… well, we all remember those triple-A mortgage backed securities during the credit crunch, don’t […]
It’s popular to group millennials together as one cohesive group and compare like-for-like. But they are a diverse bunch that share as many differences as they do similarities. Where comparisons are useful is in determining how this generation will drive future demand. After all, their contribution is largely baked into the demographic cake. We find […]
To the uninitiated, wine might seem a relatively high-risk investment, but the data tells a different story. Long-term returns from wine investment can be very good, in fact. Last year, wine was the best-performing of all passion asset classes. Below, we find out why, and offer some tips for investing in wine. Compelling data. A […]
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 […]
Since the peak of the property cycle in 2007, First Property Group plc has grown its net asset value at an annualised rate of some 25% per annum and either maintained or increased its dividend payouts each year. Most property companies either went bust or had to raise additional equity capital to survive this period. […]
My company, First Property Group plc, is an active investor in Poland, having commenced our operations there shortly after it joined the EU in 2004. Not many investors have successfully navigated the Polish property investment proposition. In a short series of articles I intend to set out some of the key aspects of doing business […]
I have been active in the European real estate markets for over 30 years with a focus on the more liquid north-western countries. I have worked for agencies (Knight Frank and CBRE), an accountancy practice (Touche Ross & Co) and investment banks Lazard Brothers and Citigroup. Nearly 14 years ago I set up Rynda Property […]
