By Alpa Bhakta, CEO of Butterfield Mortgages Limited – It goes without saying that 2020 was an unprecedented year for the UK property market. The Covid-19 pandemic and the ensuing lockdowns meant that the entire real estate sector was effectively frozen for months, with transactional activity stalling as a result. But then, tax incentives introduced by the UK Government facilitated the fastest rise in residential house prices since 2015. Needless to say, it’s been a tumultuous year.
The most successful investors in European property in 2021 will be those who can be active on both sides of a growing chasm between favoured sectors such as logistics and residential, and less favoured property types including retail and office assets, according to the 2021 edition of the Investment Strategy Annual (ISA), an annual client report published by LaSalle Investment Management (LaSalle).
By Paresh Raja (pictured), CEO of Market Financial Solutions – After such an unforgettable year as 2020, one can be forgiven for hoping that 2021 remains largely uneventful. But is it realistic to expect a return to relative normality in the year ahead?
Property funds suffered outflows of GBP1.1 billion in 2020, according to the latest Fund Flow Index from global funds network Calastone.
Wetherby Real Estate, which has been created to source and acquire luxury Serviced Accommodation in Prime Central London on behalf of global investors, has launched.
The latest research by lettings and estate agent, Benham and Reeves, has revealed which tiers of the high-end London property market are most in demand amongst high-end homebuyers and where they’re looking to buy across the capital.
The latest Rental Demand Index for Q4 from lettings management platform, Howsy, has revealed that demand for rental homes across the UK’s major cities has dropped -9 per cent since Q3.
Purchase prices per square meter for residential real estate in major German cities have almost doubled since 2012.
Fixed income investment manager PIMCO has officially assumed the leadership and oversight of Allianz Real Estate – a global commercial real estate investment business.
By Jonathan Gilbert, Investment Partner at Hartnell Taylor Cook – For decades, London property has been an attractive prospect for both domestic and overseas investors. Whilst the oversea investment in residential property has always been well established in London, in the last 15 to 20 years, there has been a shift to also incorporate commercial assets.
EQT has held the final close of the EQT Real Estate II fund at its hard cap of EUR1 billion in fee-paying assets under management.