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Finance

Finance 04/10/2017

Globalworth buys US Oaktree control stake in Poland’s Griffin Premium

Less than a year after South Africa’s largest REIT Growthpoint took a stake in Romania-focused, AIM-listed Globalworth, the latter has already started expansion, buying control of Polish (...)

Finance 02/10/2017

Growthpoint joins other S.Africans in CEE, eyes expansion

Growthpoint, the largest primary listed REIT in South Africa, has its eye on other eastern Europe markets after taking a stake in Romania’s Globalworth, says (...)

Finance 01/10/2017

ETF universe to shift as FTSE Russell creates property class

Index provider FTSE Russell is to follow S&P and MSCI in giving real estate its own industry classification, moving it out of Financials after it found correlation divergence. The move (...)

Finance 01/10/2017

Bringing REITs under AIFMD seen counterproductive for Portugal

Bringing REITs under the European Union’s AIFMD directive would be counterproductive in Portugal, which has announced their introduction, says a senior executive of Spain’s (...)

Finance 01/10/2017

The CEE opportunity seems clear. So why are west Europeans so cagey?

When you look at the bid/offer spread logic of the South Africans entering eastern Europe, laid out so clearly by the Growthpoint MD on (...)

Finance 01/10/2017

Portugal to lead Poland, Sweden into Euro REITs club?

It looks as if Portugal will become the next member of the European REITs club as political confusion reigns in Poland, and Sweden shows (...)

Finance 01/10/2017

FTSE re-designation culminates long Warsaw SE path out of Communist HQ

I know you won’t believe I’m old enough, but indeed I visited the Warsaw Stock Exchange at its very beginnings post-Communism, in January 1990, (...)

Finance 01/10/2017

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)

Finance 01/10/2017

Portugal to introduce REITs to attract capital into housing

Portugal intends to introduce legislation establishing REITs next year, aiming in particular to attract private capital into housing. Foreign investors will also be welcomed. Antonio (...)