Real Estate and Infrastructure 2011
LONDON Listed infrastructure funds in Britain expect to benefit from yield-hungry retail investors who take their money out of savings accounts to escape low deposit rates and invest in assets such as schools and hospitals.
LONDON Investor rivalry for blue chip London commercial property has forced prices up and yields down, compelling many to mull a so-called emerging "upper secondary" class to pick up choicely priced assets and appealing returns.
LONDON The level of protection property and infrastructure assets offer against rising global inflation could be quickly undermined as higher interest rates and flat capital values erode the returns of debt-laden portfolios.
NEW YORK/LONDON Investors searching for safety, high yields and steady cash flows are increasing their allocation to global real estate and infrastructure, executives of RREEF, Deutsche Bank AG's Alternative Asset Management division, said on Thursday.
LONDON British support services and building firm Interserve's Chief Executive Adrian Ringrose cautioned that its growth in the Middle East will not rebound to 2009 levels in the short term, playing down investor expectations.
LONDON Investors hunting discount real estate are eyeing the mature markets of the United States and Asia, as well as emerging Brazil, lured by the total returns on offer there over those in crowded European markets.
LONDON Globally focused U.S. property funds are gaining favor with yield-hungry investors who are pouring capital into the vehicles to profit from their exposure to the fast-growing economies of Asia, research showed.
SHENZHEN/BEIJING Taoyuan Village, the first affordable-housing project in the southern boomtown of Shenzhen, should be a shining example of Beijing's ambitious $600 billion plan to offer high-quality housing for the millions of Chinese priced out by the urban property boom.
RIO DE JANEIRO Hotel operator Brazilian Hospitality Group may expand operations in some Latin American countries to gain scale and tap rapid income growth in the region, Chief Executive Peter van Voorst Vader said in an interview.
DUBAI Abu Dhabi's Sorouh Real Estate will continue to focus on the delivery of existing projects in its home market in 2011 and has no plans to expand abroad just yet, its chief operating officer said.
LONDON Pramerica Real Estate Investors expects the amount of property mezzanine finance available from discretionary funds will balloon to 5 billion pounds ($4.9 billion) in two years, easing Europe's funding gap.