Financial commentExpert opinion about financing in the property sector.
Latest Financial Comment
Should the property industry be embarrassed that, post Brexit vote, some of its main domestic-property-owning institutions have been involved in a mini flash crash, caused by fundamentally flawed open-ended fund structures?
With new rules on lease accounting on the horizon, businesses who lease their office space will face the prospect of having to list their property on their balance sheets as liabilities.
The first six months of 2016 were challenging for the quoted real estate sector, ending a fantastic run of out-performance against the wider equity markets.
Chief executive Toby Courtauld and finance director Nick Sanderson discuss Great Portland Estates annual results including a 19.5% rise in net asset value.
It may have been inevitable, but it took one hell of a long time to happen.
Changing attitudes to joint ventures, debt, permitted development rights and speculative development are just some of the findings from the latest Investec Structured Property Finance client survey.
Banks and lending
Primary Health Properties (PHP) has made its second investment in Ireland as the company embarks on its first private placement issuing £100m in 10-year senior secured notes.
AEW has raised more than €415m of equity from several international institutional investors for its Europe City Retail Fund – exceeding the fund’s initial target of €400m.
Mergers and acquisitions
GVA Worldwide has established two new affiliated partners covering Croatia, Slovenia and Bulgaria to further expand its position in Central and Eastern Europe (CEE).
Regional REIT has reported a 2.25% increase in the like-for-like value of its portfolio in 2016 in its maiden full year results.