"Navigating an era of widespread uncertainty and social upheaval will require a focus on the long-term drivers of success rather than reacting to short-term trends"
"Despite economic and political unpredictability, attractive investment opportunities are still coming to the market"
"Where to find value across the residential, rural and commercial sectors"
"It’s human nature to be attracted to the next big thing. But don’t take your eye off the essentials of your sector"
"Our predictions for the six key trends that will shape the commercial sector in 2019"
"Hand on heart, if somebody had told you ten years ago that property prices in Germany would at least double over the coming decade, would you have believed them? On 15 September 2008, investment bank Lehman Brothers filed for insolvency, marking the nadir of the global financial crisis. The crisis would lay the foundations for a perhaps unparalleled real estate boom, not least in Germany. Over the last ten years, purchases of residential and commercial property by institutional investors have totalled half a trillion euros (€120bn for residential property and €380bn for commercial property). Such inflows of capital are unprecedented in the German real estate market. This surge in demand has driven prices to an extent that nobody would have truly expected. Capital values have doubled across practically all property sectors during this period, reaching new record levels across the board."
"The list of geopolitical and other risks for the global economy has not shortened and continues to make capital market participants highly risk averse. Evidently, commercial property in Germany remains among the beneficiaries of this scenario. The transaction volume in the third quarter of 2018 totalled almost €15.6bn, making it not only the strongest quarter of the year but also the strongest third quarter in the current cycle.The purchaser structure remains highly diverse. By way of example, more than 100 different investors have invested at least €100m during the year to date, which is unprecedented at this point in a year."
"Cambridge needs to evolve to maintain its current level of success"
"Investment and innovation continues to support economic growth"
"Commercial property changed hands for more than €25.2bn in the first half of 2018, a decrease of 8% compared with the corresponding period last year. Nevertheless, this still represents the second highest investment volume for the corresponding period during the current market cycle.Even in this late stage of the current market cycle, most investors are obviously still within their comfort zone in terms of risk. At the same time, however, defensive investment strategies appear to be gaining traction. Examples of this include increasing investment in healthcare property, which is relatively independent of economic conditions, and acquisitions of operator-managed properties with long leases."