Financial commentExpert opinion about financing in the property sector.
Latest Financial Comment
AREF’s latest report assessing the impact of the Brexit vote on UK real estate and the funds industry is complacent and protects the vested interests of those who instructed it.
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.
Banks and lending
UK banks and building societies regained market share in 2016 after several years of retreat, according to the 2016 year-end De Montfort UK Commercial Property Lending Report.
PGIM Real Estate has raised by far its biggest real estate debt fund to date, securing commitments totalling over £1bn for PRECap VI.
Mergers and acquisitions
Market Tech - the company that owns a large slice of London’s Camden Town - is set to be taken private by majority owner Teddy Sagi’s LabTech little more than two years after its flotation.