BlackRock beefs up global real estate capacity
BlackRock has acquired private real estate firm MGPA as part of its Asia-Pacific and European growth strategy in a deal that will bring its real estate AUM to $25bn.
BlackRock has acquired private real estate firm MGPA as part of its Asia-Pacific and European growth strategy in a deal that will bring its real estate AUM to $25bn.
L&G Property has appointed a new senior asset manager to work on the £800m Property Unit Trust alongside lead manager Matt Jarvis.
Clive Rayden of the Coast Freehold Income Fund takes a look at how investors can benefit from investing in ground rents as an alternative to other property-focused options.
London offers prime property investments for those with the cash to afford them though Ruby Dalal says that these same – largely overseas – investors are also spreading their search into the regions as they look for answers to very specific needs.
Luxembourg Fund Partners has launched a new fund targeting investments in student houses in prime markets such as Edinburgh and Cambridge.
UK property fund investors have lost an average 11.4% over the past five years, according to a study conducted by Castle Trust.
M&G Investments has taken advantage of the property authorised investment fund (PAIF) structure first introduced in 2008 to make the £2bn M&G Property Portfolio more tax efficient for investors.
Rather than 2013 being a continuation of a risk on/risk off approach, Keith Skeoch suggests this year investors will start to be more precise about where risk will be rewarded, with a greater empahsis on property and equities.
The problems of gearing in listed and closed-ended property funds are well known, but new funds and structures can offer robust alternatives to the more traditional property funds.
Andrew Nicholas has resigned from First State in Australia and is to be replaced by the returning Stephen Hayes.
Tony Smedley has been recruited by Schroders to run its pan-European property team.
BGB Weston has launched its Brazilian Social Property Fund to take advantage of a housing project backed by the Brazilian government to the tune of 65bn.