Download PDF Introduction Buying properties in key locations is not a new trend in the luxury sector. However, over the past two years there was a huge increase in activity of the large players of the market as brands want to establish their presence in an environment of scarcity and Read more…
Download PDF Introduction On March 3rd, Arkhouse management and Brigade Capital management announced a bid for Macy’s Inc. [NYSE: M] in a take-private deal totalling $6.6bn or $24 per share, coming at a 33% premium to the company share close on March 1st, and increasing their December 1st offer of Read more…
Download PDF Introduction The German economy has navigated through a challenging landscape marked by the aftermath of the COVID-19 pandemic, energy crises, and ongoing global economic uncertainties. Germany, historically recognized for its export-led growth, faced a contraction in GDP of 0.3% in 2023, with economic activities dampened by a loss Read more…
Download PDF Introduction China’s economy has embraced growth prospects for as long as we can remember, but it now faces a myriad of systemic obstacles. From inherent problems tied to its aging population and lack of independent institutions, to today’s property and financial crisis, China is now at an important Read more…
Download PDF Introduction In November, amidst concerns of a slowdown in the Chinese economy, investors found a glimmer of hope with China’s new finance minister announcing increased budget spending to support the post-pandemic recovery. However, this optimism is now overshadowed by a significant challenge as Zhongzhi, a major player in Read more…
Download PDF China’s current economic downturn Over the past decades, China’s economic trajectory has signaled its resilience and strategic prowess. It went from farming to manufacturing and became a leader in technology and infrastructure. Symbols of modern progress were quickly incorporated into the cityscapes’ once-grand historical settings. However, the recent Read more…
Download PDF Introduction to Commercial Real Estate Before delving into commercial real estate (CRE), which will be the focus of this article, it is useful to provide an overview of the Real Estate Market. The Real Estate sector is expected to reach a size of $613.6tn in 2023, with the Read more…
Download PDF Introduction Private credit denotes any debt or extended to privately held companies. It comes in many different forms, but often involves non-bank firms making loans to private companies or purchasing their debt on the secondary market in a variety of ways. To be more specific, Private credit, also Read more…
Download PDF Welcome back from the winter break and happy 2021! According to JPMorgan, the outlook of M&A in 2021 is very positive. Indeed, mainly due to a reduction in political uncertainty, the development of vaccines and strong capital markets, there is increased confidence in management and board of directors, Read more…
Download PDF Introduction The COVID-19 crisis has proven to be especially challenging for the real estate sector. Retail, office spaces, and any other type of real estate that functioned on the premise of people getting together in one space has been squeezed tight by the grips of government regulations as Read more…
Real estate is traditionally associated with large capital expenditures and not a high amount of liquidity. Hence, the sector is usually reserved for long-term investments by high net worth individuals. Even more so, commercial use buildings are out of reach for most private individual’s pockets, making developers and other large Read more…
Introduction – NPL definition The term NPL stands for “nonperforming loans” and it is about loans whose collection by banks has become uncertain, not only for the total repayment but also for the interest portion. Non-performing loans are generally the result of an adverse economic situation, but often also of Read more…
Prologis Inc [PLD:NYSE] – Mkt cap as of 09/11/19: $55.01bn Liberty Property Trust [LPT:NYSE] – Mkt cap as of 09/11/19: $9.26bn Introduction The boom of e-commerce is rapidly pushing up demand for industrial real estate and thus driving warehouse giants to new pursuits. Accordingly, Prologis – the world’s leader in Read more…
Blackstone Group Inc. (NYSE:BX) – market cap as of 16/09/2019: $63.96bn Dream Global Real Estate Investment Trust (TSE:DRG.UN) – market cap as of 16/09/2019: $3.22bn Intro On September 15, Dream Global Real Estate Investment Trust announced acquisition agreements with affiliates of real estate funds manager, Blackstone, in an all-cash $4.7bn Read more…
In this article we are going to discuss the increasing importance of logistics real estate and the trends that affected the sector in Europe. We will then explain the main drivers of demand and supply for logistic properties and how these are likely to change in the future years. Finally, Read more…