Empowered by its economic strength, Germany is one of the most interesting markets for foreign investors, even though its legal system is not based on common law. Having performed a continuous growth within the past ten years, the German investment fund industry exceeded the EUR 3 trillion threshold of managed assets according to a BVI […]
By strange and satisfying serendipity the other day, my opponent in a seniors golf match against another club was someone I’d last met back in the early 1980s when we were both members of what we liked to think was an elite fraternity in the world of real estate development called “Placemakers”. Naturally, we fell […]
Ten years ago, I had just extricated myself from almost a decade as a tax lawyer in the City, mostly advising on structured real estate finance deals, and started work as finance policy director at the British Property Federation. The next few years would be dominated – for me as for the UK property industry – […]
An old adage had it that “no-one got into Real Estate because they were good at maths”. If it was ever true that you didn’t need good numeracy skills in the property industry, it certainly isn’t now and one of the major challenges currently facing some university Real Estate courses is the number of students […]
Mike Pashley is Chief Financial Officer at Trilogy Real Estate LLP, a UK real estate investment and fund manager. Prior to joining Trilogy, Mike was European Finance Director for ARES European Real Estate platform (formerly AREA Property Partners). While at AREA/ARES for over 17 years, the European team completed over 100 property investments throughout Europe […]
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 the same since. Certainly, that is what you would […]
US 10-year Treasury Bill rates have been at an all-time low, having fallen below 2% for the first time in 2017. UK government bond (10 year) yields have also been lower than they have been at any time and 10 year Treasuries in Australia are trading at all time low yields. Short-term interest rates have […]
We have always been told that success in the real estate world is down to “location, location, location”. Yet for students aspiring to join the profession a more important mantra is “prepare, prepare, prepare”. Competition for property related jobs in the UK, and the world, appears to be higher than ever. Too many students are […]
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 […]
Most real estate value is created at the urban level, but some of the most expensive cities in the world are the least well-functioning. So, it does not follow that improvements in the ways cities are run will flow directly into increased real estate value, but they might. Big data techniques are increasingly being adopted […]
