By A Paris — Like most other economic sectors, property investment had to re-invent itself in view of the Covid-19 pandemic. As some parts of the market, like hotels and retail businesses, were hit hard, others like data centres and large warehouses flourished. As the outlook is becoming more positive given the global vaccine rollout, investment managers should re-assess the resources and support they need to succeed in this environment.
Investment into UK commercial real estate reached GBP2.6 billion in April 2021, down on the GBP4.2 billion seen in March according to Colliers’ latest Property Snapshot. The Easter holiday, the reopening of retail and leisure, and a lack of available industrial stock all played a role in the muted investment volumes recorded.
Gravis Advisory Limited, a subsidiary of infrastructure and real estate investment specialist Gravis Capital Management Limited, has launched the VT Gravis Digital Infrastructure Income Fund (‘the Fund’) the firm’s fourth OEIC and a unique addition to its existing range.
According to Savills, the food sector is becoming the new core in retail property investment. Last year, for the first time, investments in supermarkets, hypermarkets and food discount stores accounted for a record 21 per cent of total European retail activity, up from a five-year average of 7 per cent. Despite the decline of retail sales growth in 2020 (from 3.9 per cent in 2019 to 1.7 per cent in 2020), food and grocery sales increased by 7.5 per cent, and are expected to continue to rise by 2.2 per cent per annum over the next five years.
Commerz Real's energy investments generate savings of some 1.4 million tonnes of carbon dioxide in 2020
Commerz Real has reported electricity generation of 2,333 gigawatt-hours in 2020 by its nine renewable energy investment products for renewable energy.
Civitas Investment Management Limited (CIM) has appointed three new members to strengthen its expertise in European Real Estate, Healthcare and Corporate Finance.
By Nick Edwards, COO, Audley Group – A couple of weeks ago global advisory company, Willis Towers Watson, published research into the size of the global pensions market. One of the lead findings being that the UK pensions market has been overtaken by Japan, pushing the UK into third place, with both sitting behind the United States which holds a significant share of the market – 62 per cent of worldwide pension assets.
JLL Income Property Trust, an institutionally managed daily NAV REIT, has announced the full subscription of JLLX Diversified Portfolio I, a 1031 tax-deferred exchange offering designed to provide accredited investors with the opportunity to defer taxes on gains from the sale of appreciated real estate.
Statkraft, a European renewable energy generator, and German real asset investment manager Aquila Capital, have signed their first PPA in Spain for the Albeniz solar plant located in Andalusia on behalf of a client of Aquila.
The Board of JPMorgan Global Core Real Assets (JARA) has announced its intention to launch a C-Share issue.