Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
One of the eternal questions posed in the canon of real estate academic literature is whether specialism pays, and if so, for who? In the case of Principals this would be defined as higher returns/valuations relative to a benchmark. In the case of Agents – or Capital Markets Professionals in...
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,...
A new golden age looms. Retail has been at the epicentre of cyclical and structural change. Prior to Covid 19, the sector was grappling with rapid ecommerce growth and changing...
The physical market cycle analysis of five property types in 54 metropolitan statistical areas (MSAs). So unique - GDP growth dropped 1.4% in 1Q22, yet the Federal Reserve still...
The supermarket business model is too fragile to shield customers from rising food prices. Food prices, like almost everything else, are rising fast. There have recently...
Last year’s mantra was something for everyone, from duration income streams with inflation-linked dividend growth all the way down to deep recovery hopes in retail. The sector...