Gearing up for a new era
Investor appetite for leverage in real estate funds has waned since the fallout of the financial crisis. Is there going to be a role for gearing in real estate funds? If so, what is the optimum level? Richard Lowe put these questions to three pension fund investors, a consultant, a ...
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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