Student housing pioneer Nick Porter has stepped up the expansion of his Global Student Accommodation Group (GSA) with the full takeover of fund manager Coral Portfolio.
Europe’s real estate industry believes equity will continue to flood into its main markets during 2016, although expectations are notably lower than they were a year ago, according to Emerging Trends in Real Estate Europe, the annual forecast published jointly by the Urban Land Institute and PwC.
High returns make sector the top alternative choice in Europe, reports Doug Morrison.
The UK’s private rented sector has become Europe’s top destination for overseas and domestic institutional fund managers, even though its hard-earned rewards are, for some, a triumph of hope over expectation.
When the pros and cons of mortgage REITs were last debated in the UK, in a 2012 Treasury review of REITs, the idea of an equity-based vehicle investing in property debt, but not the assets, was too much of a stretch for the policy wonks; they dumped their mortgage REITs file into the “too difficult” box.