Liquid Real Estate Issue 08

Liquid Real Estate Issue 08

UK property: Valuers come under fire

Euromoney Liquid Real Estate Issue 08

As the UK market limps to the end of 2008, property valuations have once again come in for criticism. Opinion differs on whether values dropped too far, too fast or still have some way to go. Has valuers’ reluctance to face up to reality prevented the market from bottoming out and delayed a recovery? Rachel Wolcott reports.

South Eastern Europe

Serbia strives to reach its potential

Euromoney Liquid Real Estate Issue 08

Investors are busy in the country’s many retail, residential and hotel development opportunities, but in one source of funding – nearby Greece – local real estate investment companies are keeping money closer to home. Philip Moore reports.

Outsourcing

Outsourcing: Corporates look out for savings

Euromoney Liquid Real Estate Issue 08

Firms with large real estate portfolios are turning to specialists to manage their holdings and realize cost savings. Outsourcing is gaining in popularity as the global economy worsens – a boost for those companies up to the task of handling clients’ complex portfolios. Laurence Neville reports.

Developer profile

Developer profile: CapitaLand faces up to fundamentals

Euromoney Liquid Real Estate Issue 08

Once a property paragon, Singapore’s CapitaLand has been confronted with fundamental questions about the viability of its business model. Will the complex structure that has served it so well ultimately diminish the company’s standing in Asian property? Chris Wright reports.

Asset management

Asset management: Investors stick with real estate through the bad times

Euromoney Liquid Real Estate Issue 08

Over the past five years the world’s biggest investment management firms have increased allocations to property, propelling the asset class into the mainstream. Now the sector has stumbled, will they desert? Rachel Wolcott speaks to the largest asset managers active in real estate.

Logistics and warehousing

Logistics firms retrench for the future

Euromoney Liquid Real Estate Issue 08

Two of the world’s leading logistics developers have reached a turning point in their fortunes. ProLogis is restructuring its business in the face of the global downturn, while Gazeley’s new Middle Eastern owners could catapult the company into the big league. Stuart Watson reports.

Logistics: Everything in its proper place

Euromoney Liquid Real Estate Issue 08

While much European commercial real estate is struggling, the logistics and warehousing sector has been comparatively buoyant. But in uncertain times, is the sector’s relative strength sustainable? Laurence Neville reports.

Reits

Reits revival talk may just be whistling in the wind

Euromoney Liquid Real Estate Issue 08

Reits have taken a severe beating as property prices have tumbled. Yet there is little agreement about where the bottom of the market lies. Reits cheerleaders are still talking up their recovery prospects, but is talk of a renaissance premature? Julian Marshall reports.

Diamonds in the Reits rough

Euromoney Liquid Real Estate Issue 08

Real estate investment trusts’ performance has seen better days. Julian Marshall considers which sectors have problems or potential.

Malaysia

Malaysia fights to keep contagion at bay

Euromoney Liquid Real Estate Issue 08

So far, the country’s economy has not been hit by the global downturn but analysts have been predicting trouble for some time. The country’s real estate sector will probably not escape unscathed. Philip Moore reports.

Deal Architect

Global volumes slump in 2008, hangover predicted for 2009

Euromoney Liquid Real Estate Issue 08

France’s Klepierre completes capital increase

Euromoney Liquid Real Estate Issue 08

Listed futures could boost property derivatives

Euromoney Liquid Real Estate Issue 08

Building Blocks

Property hedge funds outperform

Euromoney Liquid Real Estate Issue 08

Dubai feels credit crunch’s bite

Euromoney Liquid Real Estate Issue 08

LandSecs abandons demerger plan

Euromoney Liquid Real Estate Issue 08

Emerging markets keep appeal

Euromoney Liquid Real Estate Issue 08

UK mortgage finance faces uncertain future

Euromoney Liquid Real Estate Issue 08

China moves to prop up property

Euromoney Liquid Real Estate Issue 08

Property services companies take a beating

Euromoney Liquid Real Estate Issue 08

Moving On

Goldman’s Powdrill joins CBRE

Euromoney Liquid Real Estate Issue 08

Cairn Capital hires Lehman MD

Euromoney Liquid Real Estate Issue 08

Carnwath replaces Myners at Land Securities

Euromoney Liquid Real Estate Issue 08

Schroders hires Buckley for new Asia position

Euromoney Liquid Real Estate Issue 08

Moving on in brief

Euromoney Liquid Real Estate Issue 08