ARTICLES LABELLED WITH TAG Europe

In recent years student housing has emerged as a highly attractive investment product on European markets. With the number of international students set to grow further and supply still limited, the future of this asset class seems bright. Stefan Kolibar, Head of Marketing at StudentMarketing talked about recent market developments.

Large sums are expected to be invested in property again by institutional investors worldwide in 2018. Based on its “Investment Intentions Survey 2018”, INREV expects around €51.1 billion to be invested in property this year. The largest share of this €51 billion will go to Europe (around 41.2 percent), followed by the USA (31.7 percent). The Asia-Pacific region (17.4 percent) is in third place.

PGGM Private Real Estate and Redevco, one of Europe’s leading retail real estate investment managers have launched Urban Retail Ventures, a €550 million European commercial real estate joint venture. Urban Retail Ventures will invest in the most favourable shopping and leisure destinations in Europe, focusing on cities that are winning the battle as quality retail locations.

Despite being late in its cycle, the global real estate market is benefiting from strong returns for investors and a positive global economic outlook, according to Emerging Trends in Real Estate – The Global Outlook for 2018, an annual forecast of global real estate investor sentiment published jointly by PwC and the Urban Land Institute (ULI). The report notes that in this highly competitive, late-cycle property market, the real estate industry must embrace technology, new business models, and the concept of “space as a service”.

Industrial, and specifically logistics, is the most sought-after real estate sector for European investors, overtaking office for the first time, according to CBRE’s annual EMEA Investor Intentions Survey. In 2017 Paris, Madrid, Amsterdam, Frankfurt and London were the five most sought-after destinations in Europe for investors who are actively pursuing alternative opportunities due to aggressive asset pricing and limited availability of core stock. In Hungary steadily improving developer sentiment and potential platform deals could pave the way for rising turnover in the sector.

Austria (+74%), Romania (+54%), the Netherlands (+46%), and Denmark (+32%) experienced the greatest annual increases in commercial property investment in 2017, as total investment across Europe rose to €234 billion, a 7% increase year-on-year, according to.

London ranked as Europe's most attractive city for businesses and employees for second year running, according to Colliers International's latest European Cities of Influence report, which reviews and ranks cities based on their occupier attractiveness, availability of talent, and quality of life factors alongside economic output and productivity; Paris, Madrid, Moscow and Birmingham making up the rest of the top five.

The key obstacles in the way of technological advancement in the property business are the lack of collaboration and transparency. Property Forum visited the International Property Technology Summit in Moscow, Russia.

Automation, e-mobility and big data can completely change the game in logistics over the coming years. Martin Polák, Senior Vice President and Regional Head for CEE at Prologis talked to Property Forum about the future of European industrial and logistics markets.

Macquarie Infrastructure and Real Assets (MIRA), a division of the Macquarie Group, and GLL Real Estate Partners (GLL), the Munich-based real estate fund manager, announced they have signed an agreement which will see GLL become the real estate equity investment platform for MIRA in Europe and the Americas operating under its own brand. The terms of the transaction remain confidential.