Longer-form thinking on where the market goes.
173 white papers
showing 1–60 of 173
Chinese e-commerce operators are increasing warehouse demand in Central and Eastern Europe following EU tariff policy changes on low-value imports effective July 1, 2026.
Extreme temperatures in Europe are becoming a material business risk factor for retail networks, moving beyond seasonal inconvenience to operational vulnerability.
Commentary on inflation, financing costs, and capital sources in Central and Eastern European commercial real estate markets, noting regional differences in capital availability.
Houston's oil-and-gas industry has built an ecosystem that extends beyond energy. For proof of that, look no further than Bristol Myers Squibb's new pharmaceutical plant. The post How Houston’s Biggest Industry Created Opportunities for Another appeared first on Texas Real Estate Research Center .
Frank Weber, Senior Director Client Solutions Datacenter & New Energies bei JLL Deutschland, sieht viel Datacenter-Potenzial jenseits der überlaufenen Metropolen.
Romania's ongoing energy crisis, marked by record-low Danube water levels and declining nuclear output, has prompted sustainability consultancy BuildGreen to argue that decarbonisation should be treated as a cost management and risk reduction tool rather than purely an ESG obligation. According to ANRE data,…
Warszawa to rynek dojrzewający, który z fazy centrów handlowych wchodzi w erę prestiżowych ulic handlowych. Zmiany dostrzeżemy już za 2, 3 lata - oceniają eksperci dla "Rzeczpospolitej". Wskazują też, która ulica może stać się tą luksusową.
Morgan Stanley Investment Management examines the resilience of European private credit markets, addressing current market concerns including non-private credit defaults, AI disruption, and BDC comparisons while assessing supply-demand dynamics and illiquidity premiums.
7R Group has published its 2025 Sustainability Report, prepared in accordance with the Corporate Sustainability Reporting Directive (CSRD), the simplified European Sustainability Reporting Standards (ESRS) and the EU Taxonomy. The report is the company's third, published voluntarily despite the absence of a formal…
Commentary on European real assets' stabilizing role within diversified investment portfolios during periods of trade and macro volatility.
Barings assesses macroeconomic risks affecting European real estate recovery, including U.S. policy volatility, energy prices, elevated borrowing costs, and labour market stability amid persistent investor uncertainty.
Caitriona Jordan, associate director for retrofit and energy efficiency at BE-ST, shares practical lessons in quality and training that have emerged from Tier 1 contractors working on large and complex Passivhaus projects in Scotland WITH the next consultation on the Scottish Passivhaus Equivalent due to be…
Examines how industrial property can strengthen supply chains while supporting Europe's transition to a low-carbon, resilient economy.
A year on from REFIRE's report on the tentative revival of Erbbaurecht , or leasehold rights, three developments suggest the model is moving further into the property mainstream. Banks have new guidance intended to make leasehold financing easier to underwrite. Industry data suggests the central fear associated…
Two recent investor surveys landed on REFIRE's desk within weeks of each other, prompting us to look up an earlier study of DACH family offices. They point to a property market in which investors are becoming considerably clearer about what they want to own, even as confidence in the market itself deteriorates.…
Wohnungsmärkte. Investitionen ins Wohnen in Deutschland haben vor allem seit der Büroflaute Hochkonjunktur bei in- und ausländischen Kapitalgebern. Doch die Karte der deutschen Städtelandschaft mit ihren vielen Ober- und Unterzentren neben den klassischen A-Städten ist für viele schwer zu lesen. Da brauche es…
Bewertung. Auch in wirtschaftlich unsicheren Zeiten wäre es verkehrt, Immobilien mit pauschalen Wertabschlägen zu belegen. Sinnvoll sind stattdessen das Berechnen von Szenarien und die Durchführung von Sensitivitätsanalysen, sagen die Experten von Avison Young Valuation Germany.
Den Haag blijft rapporten over de financiering van huurwoningen negeren. Nu ook De Nederlandsche Bank met een analyse is gekomen vraagt Huib Boissevain zich af welke bijdrage deze gaat leveren aan de oplossing van dit dossier.
De leisuremarkt groeit al jaren en de vraag naar vakantiewoningen blijft onverminderd groot. Maar groei alleen maakt een project nog niet financierbaar. De eerste vraag die wij stellen is dan ook: hoe duurzaam is het verdienmodel? Wat mij betreft zit de werkelijke waarde van leisurevastgoed namelijk niet in de…
Image CEO Giacomo Balzarini sees widening gap between prime and non-prime assets.
Jessica Gräsberg, Head of Leasing Colliers Sweden: "I would say that it is a relatively healthy level."
Imagine two neighbours in the same apartment building in Munich. Both bought identical apartments for €300,000 in the same year, under the same conditions, with the same financing. One lives in their apartment. The other rents it out. After fifteen years, the landlord has achieved a return on equity of just under…
A series of lawsuits now before Frankfurt Regional Court is shedding new light on one of Germany's more unusual real estate investment failures. Research by NDR , WDR and the Süddeutsche Zeitung has established that at least 17 statutory health insurance funds and associations of panel doctors ( KVen ) invested in…
When REFIRE last updated readers on Germany's open-ended property fund sector in Issue 257, Leading Cities Invest had just become the first fund to enter formal liquidation. The situation has since moved quickly. By the end of June, two further funds had followed: Habona Nahversorgungsfonds Deutschland suspended…
Berlin's planning authorities are increasingly treating stays beyond six weeks as residential use rather than temporary accommodation, according to planning lawyer Mathias Hellriegel , speaking at Heuer Dialog 's Jahreskongress Temporäres Wohnen in Berlin. The distinction may appear technical. In practice, it…
For three years, German real estate has been waiting for a wave of non-performing loans to break. It hasn't happened — and not because the underlying distress isn't real. According to panellists at a recent PB3C webinar on how Germany's property market is dealing with financial distress, lenders, borrowers and fund…
Last month, REFIRE published a guest column by REM Capital 's CEO Jan Bewarder , setting out how generous Germany's 2026 subsidy environment had become for real estate investors and describing a rare window in which previously unviable projects could once again make financial sense. That assessment is holding up…
The European Central Bank raised its deposit rate by 25 basis points to 2.25% on Thursday 11th June, marking the first interest rate hike in nearly three years. The decision was unanimous and widely anticipated. ECB President Christine Lagarde offered no commitment to future steps, reiterating that the central bank…
German banks are retreating more deeply from real estate lending than many investors yet appreciate. At last week's Rueckerconsult INVESTMENT Expo in Berlin, Frederik Bräkling of Pax-Bank described a market where development finance at 50% LTV has become standard, second prolongations are increasingly common, and…
"Classic core is largely dead. This is the decade of value add." That was Ramin Rabeian 's provocation at last week's Rueckerconsult INVESTMENT Expo in Berlin. The more interesting conclusion, however, was that the distinction itself may no longer matter. What emerged was not a rotation from one strategy to…
And why an over-reliance on FLAPD is not good for Europe's data center future
Het lijkt soms alleen maar over woningbouw te gaan, maar bedrijvigheid en werk staan tegenwoordig hoog op de ruimtelijke agenda, blijkt uit gesprekken met gemeenten Purmerend en Amsterdam en de Metropoolregio Utrecht. 'Vier jaar geleden ging het alleen over woningen maar we hebben bedrijven in de stad nodig', aldus…
Zinsumfeld. Die EZB hat ihre Zinsen im Juli nicht verändert, der weitere Kurs der Notenbank hängt stark von den Energiepreisen und daher der Situation in Nahost ab. Die Zinspause beruhigt den Markt zwar etwas, den schleppenden Abbau von Problemfinanzierungen kann sie aber kaum beflügeln. Ein Studie von Roland…
Schroders Capital provides institutional commentary on European real estate market conditions and trends for July 2026.
Wer aus Immobilien-Spezialfonds aussteigen möchte, hat es weiterhin schwer. Doch die Summe potenzieller Abnehmer von Fondsanteilen via Zweitmarkt ist inzwischen sehr hoch, verrät Jan-Peter Schmidt, Bereichsvorstand Private Markets bei der Fondsbörse Deutschland.
LARGE-scale regeneration schemes risk creating a sense of ‘cultural displacement’ among older residents, a University of Manchester report has warned. The report’s authors said that regeneration must do more than build new homes and infrastructure, with investment also needed in community centres, faith spaces,…
For decades, Romania's investment story has largely been associated with Bucharest, Cluj-Napoca and the country's western industrial hubs. Yet as investors search for new growth opportunities across Central and Eastern Europe, attention is increasingly shifting east. This emerging trend will be at the heart of…
Technical Due Diligence przestało być wyłącznie oceną stanu technicznego nieruchomości. Dziś wspiera decyzje inwestycyjne, wycenę aktywów i zarządzanie ryzykiem, łącząc analizę techniczną z ESG, finansowaniem oraz długoterminową wartością budynku.
Vom Pflichtprogramm zur Standortstrategie
Sale-and-Leaseback als rein objektbasiertes alternatives Finanzierungsmodell und zur Liquiditätsbeschaffung gibt ist nicht erst seit heute. Deutlich erkennbar ist allerdings ein positiver Trend bei der Anzahl Transaktionen, bei denen Immobilien an einen Investor verkauft und zur sofortigen Nutzung zurückgemietet werden.
Wie nutzerzentrierte Investmentstrategien den NOI von Büroimmobilien steigern. Vom "Flight to Quality" zum “Flight to Experience”
Beleggers die woningen willen uitponden doen er goed aan niet al te lang te wachten, zo meldt ABN Amro in Stand van Vastgoed.
CBRE Investment Management examines market conditions, pricing dynamics, and investment opportunities in the German real estate market.
CBRE Investment Management examines Europe's housing supply constraints and capital solutions required to address residential development challenges across the region.
CBRE Investment Management presents a strategic analysis of growth opportunities and market drivers within the European retail parks sector.
Analysis of scale dynamics and strategic considerations for residential investment funds operating across European markets.
Het beleid gericht op meer betaalbare woningen in de nieuwbouw zorgt niet voor meer betaalbare woningen op de totale Nederlandse woningmarkt.
Η αγορά εξακολουθεί να εμφανίζει ισχυρές αντοχές και σημαντικές προοπτικές ανάπτυξης.
El aumento del costo de la vida y el envejecimiento de la población están impulsando cambios en la elección del hogar. Por Leonardo Núñez Mantener una vivienda de gran tamaño comienza a transformarse en un desafío económico para muchos hogares jubilados en España. Lo que durante décadas representó estabilidad…
Zamknięcia sklepów to dziś częściej efekt optymalizacji niż kryzysu. Sieci handlowe weryfikują lokalizacje i strategie, a jednocześnie dają mocny sygnał właścicielom galerii i parków handlowych. Nie ma już miejsca na model "kopiuj-wklej".
At the beginning of this year, Erste Group, which was already very active in the real estate financing market in Poland and the CEE region, acquired a controlling stake in another significant lender – Santander Bank Polska. And it continues to make the headlines with a series of major deals. In our latest exclusive…
Managing Partner The Shire - Beyond Coworking, Rafał Pisklewicz, komentuje zmieniające się oczekiwania najemców. Omawia też potencjał miast regionalnych dla rozwoju konceptu premium w coworkingu i biurach serwisowanych.
The Mayor’s draft London Plan marks a notable shift in... Read more The post The Draft London Plan – 10 Strategic Signals for Investors, Developers and Landowners appeared first on Montagu Evans .
Kurz vor den Wahlen in Berlin stellt der Streit um eine Vergesellschaftung die Hauptstadt vor eine Zerreißprobe. Die Branche schlägt Alarm und warnt vor schwer wiegenden Risiken für den Standort Deutschland. Die Immobilien Zeitung hat Experten, Politiker, Aktivisten zu möglichen Folgen befragt – und dreht sie in…
Hiszpania od lat reguluje najem krótkoterminowy. Jej doświadczenia pokazują, jak bardzo przepisy potrafią zmienić życie mieszkańców i rynek turystyczny. Polska stoi dziś przed podobnym wyzwaniem.
Expect rising rents, an increase in take-up, and growing investor appetite as Prime Minister Andy Burnham transforms the city into the country’s second seat of power. The post What impact will No10 North have on the Manchester office market? appeared first on Place North West .
Commercial real estate can serve a far more significant purpose than simply providing operational premises. For many manufacturing, logistics and industrial businesses, it has become an integral component of capital structure and a source of growth financing. The sale and leaseback (SLB) model — whereby a company…
Po sukcesji zmienia się nie tylko właściciel majątku, ale także sposób myślenia o luksusie. Dla nowego pokolenia prestiżowy adres coraz częściej ustępuje miejsca bezpieczeństwu, prywatności i nieruchomościom wspierającym długoterminowo styl życia.
Knight Frank examines whether risk-free rates remain truly risk-free in the current economic environment, with implications for real estate investment and capital markets.
Analysis of how European exit taxes, demographic trends, and political factors influence residential capital flows across the continent.