Property Funds World Newsletter

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NEWSLETTER | 9 Jan 2020

A roaring 2020 for QOZ funds?

In the first Property Funds World newsletter of the new decade, Emily Perryman looks at the outlook for Qualified Opportunity Zone (QOZ) funds and finds out from Avy Stein, co-founder of Cresset Capital, why it could be a roaring 2020 for the sector.

In deal news, we report on Prologis' USD4 billion acquisition of Industrial Property Trust, plus AEW's EUR5 billion of transactions in 2019, which were driven by 'beds, sheds and office investment'.

And we have news of new research revealing a rebound in London commercial property investment in Q4, plus record inflows into open ended real estate funds in 2019.

Property Funds World

QOZ funds hope for a stellar 2020 as investor awareness increases

Thu | 9 Jan 2020, 12:07

Qualified Opportunity Zone (QOZ) funds could take off in 2020 as investors gain greater awareness of the tax benefits and high returns on offer, according to Cresset Capital.

Thu | 9 Jan 2020, 12:07

Prologis has completed the acquisition of the wholly owned real estate assets of Industrial Property Trust (IPT) for approximately USD4 billion in cash, including the assumption and repayment of debt.

Thu | 9 Jan 2020, 12:07

Savills Investment Management (Savills IM) has acquired a newly-constructed prime Grade A distribution warehouse in Greater Paris, France on behalf of its European Logistics Fund 2 (ELF 2).

Thu | 9 Jan 2020, 12:07

The total value of AEW’s transactions exceeded EUR5 billion in 2019 as the firm’s global AUM reached EUR70.2 billion (as at 30 September 2019), EUR32.3 billion of which is in Europe (31 December 2018: EUR30.6 billion).

Thu | 9 Jan 2020, 12:07

Despite a challenging year, investment turnover in London’s commercial property market recovered during the final quarter of 2019, with preliminary numbers showing a 15 per cent rise on Q3, to almost GBP2.8 billion, according to global property agent, Knight Frank.

Thu | 9 Jan 2020, 12:07

Open-ended retail real estate funds have reported record inflows this year, helped by the further widening in the spread between government bond yields and returns from the property market, according to data from Scope Analysis.