Mike Prew

Contact info

Email:
mike.prew@propertyweek.com
  • LDS_Hanover
    Insight

    ‘Cinderella moment’ for industry

    2019-04-24T23:00:00

    The real estate market has had its ‘Cinderella moment’. Midnight has struck, exposing the REIT ‘pumpkin eaters’ left holding unsaleable assets at high valuations. Retail values cracked but REITs portrayed this as a one-off.

  • Investing Money
    Insight

    Big REITs have much to fear from retail horror show

    2018-08-30T05:25:00

    Buying REIT shares is like breaking into a bank that’s already been robbed. The real estate market usually creates problems for REITs, but that could reverse in this cycle.

  • Mike Prew is managing director and head of real estate at Jefferies
    Insight

    Approach REIT specialisation with caution

    24 October 2014

    Even William Shakespeare had something to say about business diversification. In The Merchant of Venice, he wrote: “My ventures are not in one bottom trusted, Nor to one place; nor is my whole estate”.

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    Insight

    Repercussions on London of Russia’s Crimean colonisation

    21 March 2014

    Neville Chamberlain (British prime minister 1938-1940) described Czechoslovakia as “a quarrel in a far away country between people of whom we know nothing”.

  • /m/w/g/Mike_Prew.jpg
    Insight

    Beware the onslaught of a second fiscal cliff

    01 November 2013

    Investing in REITs is “… like being in a submarine without a periscope”, says one fund manager with share prices whipsawing around on macroeconomic news.

  • /i/w/e/Mike_Prew_MONO_New_CUT.jpg
    Insight

    Uniquely cautious in a stampede of bulls

    13 September 2013

    The year of 2007 started with “REIT euphoria” as property companies became tax-free real estate investment trusts. Balance sheets were accelerating at nose-bleed rates as REITs traded on 15% premiums to their net asset value.