All Real Assets articles in June 2008 (Magazine) – Page 2

  • Common sense and discipline
    Magazine

    Common sense and discipline

    June 2008 (Magazine)

    Much of what is currently happening in the capital markets is no longer explicable solely in terms of a market efficiency thesis, as Thomas Beyerle reports

  • 20:20 hindsight
    Magazine

    20:20 hindsight

    June 2008 (Magazine)

    The bubble has burst. Once again property investors only have themselves to blame, right? Not necessarily, says Nick Axford

  • REITs: a better trade-off
    Magazine

    REITs: a better trade-off

    June 2008 (Magazine)

    Unlike other listed property companies, most REITs do not usually trade at a discount to NAV. And why should they? It is time for European REITs to fulfil their potential.

  • A question of priority
    Magazine

    A question of priority

    June 2008 (Magazine)

    Despite radical changes in market conditions, the respective arguments for listed and unlisted real estate have not changed significantly.

  • Academic conundrum or investment opportunity?
    Magazine

    Academic conundrum or investment opportunity?

    June 2008 (Magazine)

    The UK listed sector provides clear discounts over NAV. This includes REITs but the most skilled REIT investors will also consider funds from operations.

  • Correlations under Scrutiny
    Magazine

    Correlations under Scrutiny

    June 2008 (Magazine)

    Current market conditions may mean that listed and unlisted are becoming more similar, but there is still plenty of scope for the two to work effectively together.

  • Magazine

    Coalition…consensus…confusion

    June 2008 (Magazine)

    Industry leaders have waxed lyrical about the EU-REIT. But is this ambition a road to nowhere?

  • Constrained optimisation
    Magazine

    Constrained optimisation

    June 2008 (Magazine)

    In spite of recent market developments the case for both private and public real estate remains strong. They continue to complement other asset classes, although investors may be limiting scope.

  • Tax efficiency or tax risk?
    Magazine

    Tax efficiency or tax risk?

    June 2008 (Magazine)

    Growing international diversification and demand for more tailored investment solutions presents challenges to investors concerned with minimising the tax burden.

  • Windows of opportunity
    Magazine

    Windows of opportunity

    June 2008 (Magazine)

    Fund terminations loom large, with implications for the range of strategic and tactical investor requirements. Against this backdrop the secondary market provides an opening.

  • Magazine

    Critical mass

    June 2008 (Magazine)

    Germany is a leader in green construction, yet it lacks a standard certificate. Why? Why is sustainability key to the strategy of Union Investment? Chair of its management board, Reinhard Kutscher talks to Martin Hurst

  • Unite and equip
    Magazine

    Unite and equip

    June 2008 (Magazine)

    Building on its report ‘What the leaders are doing’, the UNEP FI programme for 2008 seeks to provide further guidance for stakeholders.

  • Magazine

    The great knowledge challenge

    June 2008 (Magazine)

    As sustainability moves up the investment agenda GBFC is meeting the growing demand for information via an ambitious research programme.

  • Signs of a breakthrough
    Magazine

    Signs of a breakthrough

    June 2008 (Magazine)

    Data quantifying the value case for sustainable real estate is growing, driven by institutional interest and regulation.

  • Magazine

    Addressing the information gap

    June 2008 (Magazine)

    In a new report*, Richard Bowman and John Wills explain that ‘green value’ is starting to have an impact on property valuations, but further education will be central to future prospects

  • Sustainability and the bottom line
    Magazine

    Sustainability and the bottom line

    June 2008 (Magazine)

    Pension funds are starting to make progress towards sustainable portfolios but they are still hampered by the absence of a clear cost benefit analysis.

  • Building synergies
    Magazine

    Building synergies

    June 2008 (Magazine)

    Industry associations are reaching out to each other but it is still a very fragmented world out there. The Urban Land Institute draws together the industry’s many stakeholders from architect to investor.

  • Education, education, education
    Magazine

    Education, education, education

    June 2008 (Magazine)

    Investors have reacted to property derivatives with extreme wariness if not alarm; a recent study points to a lack of familiarity as the cause. Iain Reid reports on a new educational initiative.

  • We’re coming to get you
    Magazine

    We’re coming to get you

    June 2008 (Magazine)

    An apparent willingness to pre-empt demands for transparency is unlikely to make governments open their airports to sovereign wealth funds, says Shayla Walmsley

  • Dependence and control
    Magazine

    Dependence and control

    June 2008 (Magazine)

    For many pension funds consultants play an important – but not necessarily central role. Sometimes it is better to do things yourself. Richard Lowe spoke to three pension funds about their views