The UK’s ability to support tens of millions of elderly people in terms of their care or accommodation needs will be close to collapse by 2029 unless the government takes decisive action, a new report warns.
Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V (Orion) for a headline price of GBP400 million with expected net proceeds of GBP395 million.
Central London investment totalled GBP607.1m in January 2020, a 138.5 per cent increase compared with January 2019, indicating continued positive momentum from December and heightened investor confidence, according to international real estate adviser Savills.
Collaborating with technology firms through joint ventures or partnerships is crucial if the property sector wants to keep up with the pace of change, according to Cripps Pemberton Greenish.
Secured lending property platforms can look forward to strong growth over the coming years amid the continued tightening of mainstream banks’ lending criteria and demand for new opportunities from investors, Fitzrovia Finance claims.
Commercial landlords believe the North and East Midlands offer the best investment opportunities in the UK over the next two years, thanks to government initiatives such as the Northern Powerhouse and Midlands Engine, according to research by Together.
Institutions are investing in cycle-resistant strategies to prepare for a potential downturn in the commercial real estate market, according to research by Hodes Weill & Associates and Cornell University.
The real estate debt sector still lags other industries in technology adoption, but recent research suggests this could be about to change, according to Oxane Partners, a solutions provider to the alternative investments industry.