What does the end of QE mean for real estate?

Ten years after the global financial crisis, the U.S. Federal Reserve is signaling that it will shortly begin to trim its balance sheet. No one knows how far or how fast—that will depend on circumstances—but it is likely to start very slowly. The imminent winding back of quantitative easing (QE) has caused some concern about

A Funny Thing Happened on the way from My Grandmother’s Funeral

The great comedy writer, director, producer and sometimes actor Mel Brooks once said, “Look at Jewish history. Unrelieved lamenting would be intolerable. So, for every 10 Jews beating their breast, God designated one to be crazy and amuse the breast-beaters. By the time I was five years old, I knew I was that one.” I’m no Mel

Real Estate Investment Bounces Back…Where Next?

The global volume of real estate investment transactions rose in Q2 2017 by 4.5%, reversing five quarters of year-over-year decline, as reported in a recent Capital Watch post. There was a marked upturn in trading activity in the U.K., up 68.6% on Q2 2016. The U.K. tends to be a bellwether of global investment sentiment.

Bouncebackability

The global commercial real estate investment market rebounded in Q2 2017 after a five-quarter, year-over -year decline. The value of CRE investment transactions globally increased by 4.5% year-over-year to $216 billion in Q2 2017[i]  This increase is due to a strong performance in EMEA and APAC where investment volume was up, 26.1% and 16.8%, respectively.

Goodbye LIBOR

The U.K. Financial Conduct Authority announced yesterday that LIBOR, the long-time global interest rate benchmark, will be eliminated

Make Hay While the Sun Shines!

The end of H1 typically marks the start of the summer recess–everyone heads off to sunnier climes while questioning, in quiet disbelief, where the first six months have gone. This year it seems the UK property market might have to make do with the Great British heatwave as the UK and European real estate markets

A Borrower Not A Lender Be

Why the most rewarding way to get exposure to UK property is via debt. In our new Debt

Whatever Happened to Inflation?

Inflation has not picked up in the way that many of us expected, but what does it all mean for the macro economy and real estate? Over the last three months, inflation has surprised on the downside: • In the U.S., core CPI, which excludes food and energy, has dropped from 2% in April to

When Mr. Green Meets Mr. Green

I’ve decided to stop spraying weed killer on my lawn and let it go au natural. I still have someone mow it, but it has sprung a bunch of white and pink flowers (aka pretty weeds) that I think are attractive. I didn’t do this because I am a super “green” guy (though that was

Shifting Gears

Despite an eventful start to the year with elections in major European countries, investment volume in EMEA held