Although billion dollar-plus NPL deals may be fairly common in Europe, China’s market offers fewer big ticket opportunities for international investors.
The steady depreciation of Britain’s currency since it voted to leave the European Union back in June has led to a surge of investment from Asia Pacific in to its property markets, according to JLL, which said this investment spike will continue if the sterling continues to lose value, writes Real Estate Capital's sister publication, PERE.
Global real estate ‘dry powder’ has hit $1.7 trillion driven by stronger economic growth, greater debt availability and growing investor confidence, said the CBRE Global Investor Intentions Survey 2017.
A majority of property investors (71 percent) have a currency hedging strategy in place, with more than half of these (52 percent) hedging US dollars, according to research from INREV and academics at Western Sydney University.
Standard Life and Aberdeen Asset Management have merged to create Europe’s second-biggest fund manager
Too much capital chasing too few assets was key EXPO conference theme
AEW Europe, the Paris-based private real estate investment firm, has appointed Cyril Hoyaux as head of debt funds management ahead of the launch of a €750m debt fund.
The firm is seeking to significantly expand its real estate debt platform with the appointment of Hoyaux and the setting-up of its second debt fund, Senior European Loan Fund 2 (SELF2).