Property Funds World Newsletter

NEWSLETTER | 19 Dec 2019

Office investors should focus on risk reduction

In this week’s newsletter, Emily Perryman finds out from Paul Guest, lead strategist at UBS-AM Real Estate & Private Markets, why property investors should consider de-risking their office strategies by moving towards core locations and ESG-compliant assets ahead of a possible economic recession.

In company news, we report on a busy year for Allianz Real Estate which has seen the firm deploy a record USD3 billion across equity and financing in the US.

And in deals this week, we have news of IPUT’s acquisition of 3 Dublin Landings for EUR115 million, plus the purchase of Berlin office tower STREAM by PGIM Real Estate.

This is the final Property Funds World newsletter of 2019, so we’d like to take the opportunity to wish all our readers a happy holiday!

Property Funds World

Office de-risking strategies to target core and ESG-compliant assets

Wed | 18 Dec 2019, 14:45

Property investors should de-risk their office strategies to core locations and ESG-compliant assets in order to position themselves for an economic recession, according to UBS-AM Real Estate & Private Markets.

Wed | 18 Dec 2019, 14:45

Canary Wharf Group’s new build-to-rent arm Vertus is launching its first development on the privately-owned Canary Wharf estate.

Wed | 18 Dec 2019, 14:45

Allianz Real Estate deployed over USD3 billion across equity and financing during 2019 on behalf of several Allianz group companies.

Wed | 18 Dec 2019, 14:45

Irish property company IPUT has completed the acquisition of 3 Dublin Landings on Dublin’s North Quays from Ballymore/Oxley for EUR115 million in an off-market transaction.

Wed | 18 Dec 2019, 14:45

PGIM Real Estate has acquired Berlin office tower STREAM, from SIGNA, as part of a forward deal on behalf of German and Swiss institutional investors.

Wed | 18 Dec 2019, 14:45

The Catella Wohnen Europa Fund has made six acquisitions, three in Germany, two in the Netherlands and one in Denmark, totalling approximately EUR120 million and taking its assets under management to EUR925 million.

Wed | 18 Dec 2019, 14:45

Cording Real Estate Group, a member of the Edmond de Rothschild Real Estate investment management platform, has secured the fourth site for its GBP400 million Cording UK Residential Investment Fund, which invests in the private rented sector (PRS) on behalf of Continental European investors.

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