Increased vacancy, downward pressure on rents, increase of profit warnings and CVAs have made today a buyers’ market with realistic vendor pricing adjustments trickling through, according to Michel Nangia, founder of AMK2 Real Estate and former head of European Designer Outlets at Resolution Property.
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The UK has sent its biggest ever delegation to EXPO REAL this year – counteracting any messages of insularity that the Brexit crisis might be communicating to its European neighbours.
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In an interview with PropertyEU, Todd Everett and Andrew Thornton explain the tie-up between one of the world’s biggest real estate managers and a boutique European firm.
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The challenges facing the real estate industry and built environment have never been so great nor have they been so high on the political agenda, Sean Tompkins, CEO of the Royal Institution of Chartered Surveyors (RICS), told PropertyEU at Mipim.
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Cerberus Capital Management, the New York-headquartered global alternatives investment firm, has plans for upwards of $8 bn (€6.9 bn) of equity to deploy in European real estate.
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Jos Short, co-founder of Internos Global Investors, is taking part in PropertyEU's Europe and UK Outlook panel discussion in London on Thursday morning.
The investment briefing takes place days after US-based Principal Financial announced it was acquiring Internos as its pan-European real estate platform.
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The UK government announced on Friday it is working with commercial landlords and tenants on a new code of conduct to ‘encourage’ fair and transparent discussion over paying rent.
