Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
I’ve taken part in industry events recently discussing target rates, discount rates, hurdle rates and their relationship to yields—partly in the context of the RICS recommendations on use of DCF in valuations following the Pereira-Gray report.
They’re all under one roof. Who sets the price? Historically, the real estate sector, and in particular the listed real estate, was regarded as a single asset class and...
The failure of generations to capture the skills and knowledge of our elders. In a couple of previous articles, I have developed a theme of getting old and how, in business (and...
Amid the challenges posed by Russia’s war against Ukraine and China’s increasing assertiveness in Asia, the G7 met in Europe. Most of the hard work was completed by staff before...
In February, Prime Minister Boris Johnson said the public would have to get used to “living with COVID”, and announced the phasing out of all Covid-related restrictions over the...
The Ukraine war is at a strategic turning point. As the Russian offensive intensifies in the Donbas without resulting in any substantial gains, western leaders warn that the war...
Fund structures being used by REITS. Most readers are, I’m sure, aware of the convergence between funds and REITs. Increasingly, listed REITs are adopting the style and structure...
Visualising is halfway to understanding. Source: MSCI Monthly Property Index ©2022 MSCI Inc. All rights reserved. It’s hard to visualise risk, but MSCI produced a mesmerising...
We should all learn to share the experience with others. OK, I need to preface this article by saying that, in today’s world, I am not old. I am constantly being told that 60 is...
The Covid pandemic has pushed ESG (Environmental, Social and Governance) initiatives to the forefront for many stakeholders in the commercial real estate community. Historically,...