All Real Assets articles in December 2009 (Magazine) – Page 2

  • Magazine

    Rise to the challenge

    December 2009 (Magazine)

    Determining the hurdle rate is more than just a box-ticking exercise. Be sure to combine the knowledge of acquisitions experts with the skills of risk analysts. Rob Martin and Richard Barkham report

  • A matter of time
    Magazine

    A matter of time

    December 2009 (Magazine)

    Property derivatives can be a valuable alternative to direct investment in real estate, but there are timing issues that investors must be aware of when calculating performance. Nick Blakemore reports

  • Magazine

    Consistency and comparability

    December 2009 (Magazine)

    One outcome of the crisis is that the industry is re-examining the relationship between fees and operating costs. Simon Mallinson reports

  • Peeling away the layers
    Magazine

    Peeling away the layers

    December 2009 (Magazine)

    To evaluate fund managers, investors must appreciate how their per-formance is derived. Malcolm Hunt uses attribution analysis to explain

  • Complex substance – handle with care
    Magazine

    Complex substance – handle with care

    December 2009 (Magazine)

    Treaty shoppers are encountering increasing counter-measures. Bart Kruijssen sets out the key issues to be aware of.

  • Magazine

    Have your cake and eat it

    December 2009 (Magazine)

    You can hedge inflation without giving up so much of the excess return available on riskier assets. David Hunter and Alistair Calvert report

  • Signs of life
    Magazine

    Signs of life

    December 2009 (Magazine)

    Lending is returning and CMBS has awoken but for the short term equity rules, says Thierry Leleu

  • The right indirect road
    Magazine

    The right indirect road

    December 2009 (Magazine)

    Property debt funds offer useful indirect exposure to real estate. But investors must choose the fund type carefully to get the right mix of real estate and interest rate risk, says Rob Bingen

  • Magazine

    Waiting to hit a low

    December 2009 (Magazine)

    For those waiting for a 1990s-style fire sale of distressed assets, do not hold your breath. This time things are different, says Lee Menifee

  • Magazine

    Hold out for the upturn

    December 2009 (Magazine)

    A year ago the fear was that a glut of distressed sales would drive down prices. But now the opposite seems true as too much money goes after too few prime opportunities and banks hold on to their assets. Christine Senior reports

  • You were warned
    Magazine

    You were warned

    December 2009 (Magazine)

    There were clear signs of an approaching crash. Were they ignored and, if so, why? Andrew Baum reflects

  • Left out in the cold...?
    Magazine

    Left out in the cold...?

    December 2009 (Magazine)

    Will private equity and opportunity funds be frozen out as the banks begin to unlock credit and become more choosy about who they chose to team up? Dean Hodcroft reports

  • Magazine

    Supporting role

    December 2009 (Magazine)

    As debt gets harder to come by and managers face the prospect of refinancing their loans, a multitude of factors may come into play – not least the state of your current banking relationship. Christine Senior reports

  • Premature optimism
    Magazine

    Premature optimism

    December 2009 (Magazine)

    At his first EXPO Real as CEO of AEW Europe, which he joined in March after 15 years with Axa REIM, Christian Delaire takes the upbeat sentiment with a pinch of salt, as he explains to Martin Hurst

  • Streamline the process
    Magazine

    Streamline the process

    December 2009 (Magazine)

    Vendor surveys have the potential to benefit both sellers and buyers by smoothing and speeding up the property transaction process as well as avoiding sale collapses, says Paul Spaven

  • Brightening outlook
    Magazine

    Brightening outlook

    December 2009 (Magazine)

    The latest PRUPIM/PMI survey indicates that pensions funds are keeping faith with commercial real estate, while a back-to-basics approach will be used by those increasing their allocations over the next three years, says Paul McNamara

  • Magazine

    Feeling better – slowly

    December 2009 (Magazine)

    Some Icelandic investors are looking to real estate to help them improve performance, but in the wake of the country’s financial collapse prospects are limited. Gail Moss reports

  • New interest
    Magazine

    New interest

    December 2009 (Magazine)

    The rebound in equities means Danish investors are now underweight in real estate and looking to rebalance with new allocations. Gail Moss reports

  • Magazine

    Safe as houses

    December 2009 (Magazine)

    Domestic real estate is still the safe option for Finnish investors. But they are beginning to look overseas for further core, growth and opportunistic investments, says Gail Moss

  • Fortress Norway
    Magazine

    Fortress Norway

    December 2009 (Magazine)

    Although relatively resilient, Norway has been unable to avoid an overheating property market. And now the country’s biggest investor is about to test the water, as Gail Moss reports