Commentary

Territoires 05/02/2018

Twilight of the gods reverberates as German politics struggles for new Groko

Götterdämmerung, twilight of the gods, is the real reverberation in the background of German politics in these days; not CDU/CSU-SPD grand coalition policy talks (...)

Bourse 29/01/2018

German TLG in spotlight as major shareholders assess new 23% investor

German listed TLG, managing €2.4bn in commercial real estate, is in the spotlight this week after investor Amir Dayan said he potentially controls 23% of (...)

Bureau 19/01/2018

Eyeing European REITs, US Seeking Alpha adviser picks Gecina, Paris office as winners

Never before have I seen a private US stock-picking adviser venture into listed European real estate, but US retail investors are looking around the (...)

Bourse 05/12/2017

Post-IPO, Singapore's Cromwell European REIT eyes Italy, eschews Poland

With the Australian Cromwell Property Group as its 35.8% sponsor, Cromwell European REIT raised €866m in a second try at a Singapore float last (...)

Commerce 03/11/2017

Kaufhof/Karstadt would be major test of Signa’s entrepreneurial ability

Austria’s private Signa group is well on its way to wiping out memories of the past troubles of its youthful founder René Benko. If (...)

Logistique 24/10/2017

European logistics dots that lead to China, Jack Ma mean yields are headed lower

It doesn’t take much to join the dots in logistics real estate. When Alibabafounder Jack Ma sees it as crucial to globalisation and aims (...)

Bourse 23/10/2017

Icade, SNI privatisations possible amid shake-up at French CDC

Changes in French state finance arm CDC, starting with the reported selection of its new head, are likely to shake up long-established economic structures just (...)

Commerce 18/10/2017

Material news from the European listed universe: Unibail, Hypoport, Colonial

Ahead of third quarter results, which will be upon us starting this week, here are some selected actions and calls that are material to (...)

Commerce 18/10/2017

Berlin’s Sony Center: N. American weight of capital outweighs even Korean

If anyone still doubts if European commercial property yields will fall further it’s certainly not Oxford Properties and New York-based Madison who last month signed to (...)

Logement 16/10/2017

No wide-scale house price inflation in EU but Nordics most at risk

Depite house price rises across western Europe in the past few years there has been no wide-scale house price inflation during the recovery from (...)

Bureau 14/10/2017

The reason why office space demand in Poland, CEE will remain strong for a while yet

New Eurostat figures show that one working hour in Poland last year cost €8.60, around one-third of the EU average of €25.40. Surrounding countries (...)

Bourse 12/10/2017

Dear Japanese investors: If you don’t come to Europe now, forget it until the next cycle

They’ve been setting up, restructuring, researching and laying plans for years, but Japanese investors are not yet in European mainland real estate. Why? My (...)

Bureau 09/10/2017

Intense grab for assets as Expo Real attendance smashes record

The mood at Expo Real was extremely intense this year. New companies and alliances are forming. Big Deals are happening in a grab for assets. 41,500 (...)

Logement 03/10/2017

Despite Spanish vote violence, Barcelona, Madrid resi prices in pull of Airbnb

It may be that the violence in Barcelona amid the Catalonia referendum slows visitors to that beautiful city but this is likely to be (...)

Bourse 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 (...)

Bourse 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 (...)

Bourse 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, (...)

Bourse 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 (...)