Real estate debt funds still at 'embryonic' stage
Sarah Krouse
23 May 2013
Property debt funds are stepping in to replace banks as a source of lending, but real estate experts say the process is still at a very early stage of development.
http://www.efinancialnews.com/story/2013-05-23/real-estate-debt-funds-in-embryonic-stage
Friday, May 24, 2013
Docklands, Victoria
Docklands, Victoria
Docklands (also known as Melbourne Docklands to differentiate it from London Docklands) is a suburb of Melbourne, Victoria, Australia, 2 km (1.2 mi) west of Melbourne's Central Business District. Its local government area is the City of Melbourne. At the 2011 Census, Docklands had a population of 5,791.
http://en.wikipedia.org/wiki/Docklands,_Victoria
Docklands (also known as Melbourne Docklands to differentiate it from London Docklands) is a suburb of Melbourne, Victoria, Australia, 2 km (1.2 mi) west of Melbourne's Central Business District. Its local government area is the City of Melbourne. At the 2011 Census, Docklands had a population of 5,791.
http://en.wikipedia.org/wiki/Docklands,_Victoria
Prime high street is retail’s best performer
Prime high street is retail’s best performer
23 May 2013
According to Savills, the total volume of retail deals recorded in its survey for Q113 is up 25% to €4.7bn compared to Q112 with UK, Germany and France capturing the most activity at 37%, 40% and 11% respectively. High street deals have increased dramatically from 14% to 20% comparing Q112 to Q113 and have seen a significant shift in prime high street retail yields which are now just 15 bps above 2007 levels at 4.8% with lowest achievable yields recorded in London (3.0%) and Munich (3.5%), and the highest in Lisbon (7.5%) and Athens (6.75%).
http://www.savills.co.uk/_news/newsitem.aspx?intSitePageId=0&intNewsSitePageId=158215-0&intNewsMonth=5&intNewsYear=2013
23 May 2013
According to Savills, the total volume of retail deals recorded in its survey for Q113 is up 25% to €4.7bn compared to Q112 with UK, Germany and France capturing the most activity at 37%, 40% and 11% respectively. High street deals have increased dramatically from 14% to 20% comparing Q112 to Q113 and have seen a significant shift in prime high street retail yields which are now just 15 bps above 2007 levels at 4.8% with lowest achievable yields recorded in London (3.0%) and Munich (3.5%), and the highest in Lisbon (7.5%) and Athens (6.75%).
http://www.savills.co.uk/_news/newsitem.aspx?intSitePageId=0&intNewsSitePageId=158215-0&intNewsMonth=5&intNewsYear=2013
Thursday, May 23, 2013
Perth and Melbourne office markets have the brightest prospects as commercial property sentiment lifts: NAB Index
Perth and Melbourne office markets have the brightest prospects as commercial property sentiment lifts: NAB Index
By Larry Schlesinger
Wednesday, 22 May 2013
The Melbourne and Perth office markets are forecast to deliver the strongest returns to commercial property landlords over the next two years with both capital values and rents rising, according to the March quarter NAB Commercial Property survey.
http://www.propertyobserver.com.au/commercial/perth-and-melbourne-office-markets-have-the-brightest-prospects-as-commercial-property-sentiment-lifts-nab-index-nab/2013052261577
By Larry Schlesinger
Wednesday, 22 May 2013
The Melbourne and Perth office markets are forecast to deliver the strongest returns to commercial property landlords over the next two years with both capital values and rents rising, according to the March quarter NAB Commercial Property survey.
http://www.propertyobserver.com.au/commercial/perth-and-melbourne-office-markets-have-the-brightest-prospects-as-commercial-property-sentiment-lifts-nab-index-nab/2013052261577
Tuesday, May 21, 2013
Capital targeted by Europe-focused real estate debt funds up 335% from a year ago
Capital targeted by Europe-focused real estate debt funds up 335% from a year ago
BY: TIMOTHY POLLARD
PUBLISHED: MAY 20, 2013
According to data tracked by Preqin, there are currently 19 Europe-focused real estate debt funds in the market targeting commitments of €10 billion ($12.8 billion) - compared to just €2.3 billion ($2.9 billion) a year ago. The increase is driven by institutional investors' increased appetite for real estate debt, as the number of new fund searches increased significantly from a year ago. Among new fund searches in the first-quarter of 2013, 27% were targeting real estate debt funds, compared with 8% in the first quarter of 2012.
http://www.pionline.com/article/20130520/CHARTOFDAY/130529999
BY: TIMOTHY POLLARD
PUBLISHED: MAY 20, 2013
According to data tracked by Preqin, there are currently 19 Europe-focused real estate debt funds in the market targeting commitments of €10 billion ($12.8 billion) - compared to just €2.3 billion ($2.9 billion) a year ago. The increase is driven by institutional investors' increased appetite for real estate debt, as the number of new fund searches increased significantly from a year ago. Among new fund searches in the first-quarter of 2013, 27% were targeting real estate debt funds, compared with 8% in the first quarter of 2012.
http://www.pionline.com/article/20130520/CHARTOFDAY/130529999
PIMCO : "As Energy Demand Outpaces Supply, Asia Looks Overseas to Refuel" - Asia Credit Perspectives by Raja Mukherji and Taosha Wang
A new Asia Credit Perspectives by Raja Mukherji and Taosha Wang is available on pimco.com.
As Energy Demand Outpaces Supply, Asia Looks Overseas to Refuel
· We expect more Asian oil and gas companies to tap the bond market going forward, often to finance acquisitions outside the region.
· Many Asian countries are encountering growing energy shortages due to declining indigenous resources and domestic consumption growth.
· Oil companies in Asia frequently engage in overseas acquisitions. In many cases, these transactions help enlarge reserve base, access technological know-hows and enhance corporate profitability.
· Strong sovereign support is a key investment thesis in the Asian oil and gas sector. Through our bottom-up analysis, we are finding numerous investment opportunities.
As Energy Demand Outpaces Supply, Asia Looks Overseas to Refuel
· We expect more Asian oil and gas companies to tap the bond market going forward, often to finance acquisitions outside the region.
· Many Asian countries are encountering growing energy shortages due to declining indigenous resources and domestic consumption growth.
· Oil companies in Asia frequently engage in overseas acquisitions. In many cases, these transactions help enlarge reserve base, access technological know-hows and enhance corporate profitability.
· Strong sovereign support is a key investment thesis in the Asian oil and gas sector. Through our bottom-up analysis, we are finding numerous investment opportunities.
Melbourne CBD (JLL)
Melbourne CBD
20.05.2013
How would you describe your market at the moment?
Melbourne, like many other Australian CBD office markets is characterised by a challenging demand environment. Occupiers remain reluctant to move or make long-term decisions while commodity and financial markets are volatile.
http://www.joneslanglasallesites.com/leasing/market-overview/melbourne-cbd-5
20.05.2013
How would you describe your market at the moment?
Melbourne, like many other Australian CBD office markets is characterised by a challenging demand environment. Occupiers remain reluctant to move or make long-term decisions while commodity and financial markets are volatile.
http://www.joneslanglasallesites.com/leasing/market-overview/melbourne-cbd-5
Monday, May 20, 2013
Chile: Q1 Growth Disappoints
Chile: Q1 Growth Disappoints
Nader Nazmi - Market Economics
Latam Macro Snapshot | 20 May 2013 16:29 |
GDP growth came in 4.1% y/y in Q1, weaker than the consensus estimate of 4.5% and our own projection of 4.4%. On a quarterly basis, growth posted 0.50% q/q (sa) higher in Q1, in line with our 0.45 q/q call but weaker than 1.0% q/q consensus projection (Chart 1).
Nader Nazmi - Market Economics
Latam Macro Snapshot | 20 May 2013 16:29 |
GDP growth came in 4.1% y/y in Q1, weaker than the consensus estimate of 4.5% and our own projection of 4.4%. On a quarterly basis, growth posted 0.50% q/q (sa) higher in Q1, in line with our 0.45 q/q call but weaker than 1.0% q/q consensus projection (Chart 1).
Friday, May 17, 2013
3 Foreign Companies Invest in U.S. Project to Export Liquid Gas
MERGERS & ACQUISITIONS MAY 17, 2013, 2:36 PM
3 Foreign Companies Invest in U.S. Project to Export Liquid Gas
BY STANLEY REED
In a sign that the United States shale gas boom is making global waves, two Japanese conglomerates and a big French energy player signed agreements on Friday to invest up to $7 billion in a liquefied natural gas project in Louisiana.
http://dealbook.nytimes.com/2013/05/17/3-foreign-companies-invest-in-u-s-project-to-export-liquid-gas/
3 Foreign Companies Invest in U.S. Project to Export Liquid Gas
BY STANLEY REED
In a sign that the United States shale gas boom is making global waves, two Japanese conglomerates and a big French energy player signed agreements on Friday to invest up to $7 billion in a liquefied natural gas project in Louisiana.
http://dealbook.nytimes.com/2013/05/17/3-foreign-companies-invest-in-u-s-project-to-export-liquid-gas/
London office market 'reborn'
London office market 'reborn'
Thursday 16 May 2013
Construction activity in the capital running at three times the level of three years ago, with 9.7 million sq ft of office space under construction.
http://www.deloitte.com/view/en_GB/uk/news/news-in-focus/e72971f2eacae310VgnVCM2000003356f70aRCRD.htm
Thursday 16 May 2013
Construction activity in the capital running at three times the level of three years ago, with 9.7 million sq ft of office space under construction.
http://www.deloitte.com/view/en_GB/uk/news/news-in-focus/e72971f2eacae310VgnVCM2000003356f70aRCRD.htm
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