GRI Club Europe

Frau Stefanie Pfister, Leiterin des Asset Managements bei der Bayerische Versorgungskammer, traf sich zu einem exklusiven Interview mit Julia Piccazio Dünner, Global Director des GRI Clubs. Thema war der vielversprechende deutsche Immobilienmarkt und die Faktoren, die ihre Investitionsentscheidungen beeinflussen. 🔹 Frau Pfister zeigte sich optimistisch über die aktuelle Immobiliensituation in Deutschland. Sie hob hervor, dass die Stabilität der deutschen Wirtschaft und der Vorteil, Geschäfte in derselben Währung abzuschließen, entscheidend sind. Investoren können die aktuelle Marktvolatilität nutzen, um Chancen zu ergreifen – und die BVK hat großen Appetit, weiter im Land zu investieren. ESG und Technologie spielen eine zentrale Rolle bei der BVK, betonte Frau Pfister. Ein Geschäftsplan ohne ESG? Unvorstellbar. Ihre exklusive Innovationseinheit sorgt für die besten Lösungen. 🔗 Sehen Sie hier das vollständige Interview: https://lnkd.in/esG9X9bp #griclub #realestate #germany #datacenters #esg

“There are a number of situations that, both structural and conjunctural, make it difficult to raise a lot of cash, but I wouldn’t say that there is a lack of cash in the market, as there isn’t,” says Nuno Azevedo Neves, Country Managing Partner at DLA Piper. 🔹 Fundraising is difficult at the moment, no matter where you are in the world, explained Nuno, during an exclusive interview with Gustavo Favaron, GRI Club’s CEO & Managing Partner, during Portugal GRI 2024. In the case of Portugal, Nuno shared three principal reasons, the first being the country's relatively limited market size, creating hurdles for investors looking for larger investment opportunities. The second, a conjunctural issue, Nuno explains, is the drastic reduction in the NPL ratio over the past few years. Previously, there were ample opportunities for opportunistic funds due to the high NPL ratios, which are now scarce. As a result, investors need to identify new drivers and areas of growth within the country. Thirdly, intense geographical competition means Portugal must demonstrate competitive returns for investors in comparison to other regions. 🔗 Watch the full interview with Nuno Azevedo Neves here: https://lnkd.in/d_iPbP3c #griclub #realestate #portugal #fundraising #investment

A succession of prime ministers over five years, monetary tightening, and global conflicts are among the factors that have caused major uncertainty and instability in the UK real estate market in recent years. 🔹 This month, the UK woke up to a new majority government led by Sir Keir Starmer, the impact of which on the prosperity of the UK, including its real estate industry, remains unknown. What is clear, however, is that this presents an opportunity to provide stability, which holds significant implications for decisions regarding investment and development in the UK. The recent article from Shoosmiths, published on the GRI Hub, assesses the current state of the market, bringing expert industry insights from leading real estate players present at the recent UK Real Estate Investments Club Meeting, hosted by partnering Shoosmiths and GRI Club during UKREiiF 2024. 🔗 Read the full article here: https://lnkd.in/dkkj98Dz #griclub #realestate #uk #investment #economy

In this week’s edition of GRI Insights Europe we take a look at the contrasting effects of the UK and French election results on the real estate markets of the two countries, with Labour’s victory boosting industry optimism while political deadlock in France provokes significant concern from investors. 📈 The new UK government's plans to tackle the housing crisis and "get Britain building" through a wide range of reforms and the construction of 1.4 million houses were generally received positively by real estate investors. The relatively stable election resulted in minimal market disruption as well as predictions of increased home sales and a rebound across various sectors. 📉 The French snap election, meanwhile, has resulted in a hung parliament and a great deal of uncertainty, with some wealthy residents considering moving abroad and no relief from concerns over France's fiscal health and debt levels. At the same time, real estate investment levels in the country are at their lowest since 2010, with a significant drop in CRE investment. Read on to learn more about these stories, meet the finalists for GRI Awards Europe 2024, and more! 🔗 You can also sign up to receive GRI Insights Europe directly here: https://lnkd.in/dEJFMFsM #griclub #realestate #insights #europe #election

⚠️ Let the voting commence: Meet the 137 finalists of GRI Awards Europe 2024: https://lnkd.in/enPA6ZWy The excitement is building as the GRI Club’s inaugural awards contest, recognising innovation, excellence, and visionary leadership, has reached voting stages! As submissions closed, the total number of submitted projects reached an impressive 416, spanning 27 different countries. The evaluation process began with GRI Club carefully selecting up to ten projects in each of the fifteen categories, resulting in the 137 finalists now open for voting. In search of the pinnacle of excellence, GRI Awards Europe 2024 now hands the baton to the wider public and Club Members, as the 137 finalists face an online voting process to determine the top three finalists in each category. 💡Voting will remain open until 19th July, before the top three finalists from each category are announced on 22nd July, before one last voting session to define the overall winner! 🔗 Vote here now: https://lnkd.in/eNdra5Eh #griclub #realestate #europe #awards #excellence

In the latest edition of the GRI Club Europe newsletter: 🔹 Real estate ”cracks” threaten European banks European banks have lent over 1.4 trillion euros to the commercial real estate sector, reports the EBA (European Banking Authority), posing significant vulnerabilities against the volatile real estate market. 🔹 How does geopolitics really affect the markets? Describing the current geopolitical situation as polarised, fragmented, volatile, unpredictable and dangerous, Ex-European Commission President, José Manuel Durão Barroso, lamented that following Russia’s invasion of Ukraine, “the world will never be the same”, as concerns of national security and resilience are now prioritised over traditional considerations of market efficiency and competitiveness. 🔹 Europe faces a slow and “anaemic” recovery “Europe, including Germany, is waking up from an environment of a stagnating economy,” said Carsten Bzerski, Chief Eurozone Economist at ING Group, during an exclusive interview at Deutsche GRI 2024. The broader optimism surrounding a global economic recovery does not fully extend to Europe, however, Carsten explained. Receive all the latest GRI reports and articles, as well as the biggest real estate news stories affecting Europe every week. 🔗 Sign up to the GRI Club Europe newsletter here: https://lnkd.in/dEJFMFsM #griclub #realestate #economy #abrdn #azora

“Over the past ten years, growth has been driven by compression of cap rates, but that is no longer the case,” explains Arnaud Broussou, Chairman of Colliers Global Investors France. “Right now, we need to find new leverage to create value in real estate through very accurate asset management.” 🔹 Arnaud recently attended France GRI 2024, during which he gave an exclusive interview addressing investment strategies in French real estate, as well as the wider health of the French economy. Regarding outlooks shared among other investors during the discussions at the event, Arnaud revealed a variation in strategies, with investors focusing more on smaller deals, and sentiments showing a level of caution. Looking at the figures, Arnaud recalls that this year France saw the lowest first quarter of real estate market transactions since 2009. However, he remains optimistic, sharing that he now sees a light at the end of the tunnel - a tunnel in which we have been for several years. The real estate market must now hope that geopolitical issues won't disrupt the anticipated recovery, Arnaud warns. 🔗 Watch the full interview with Arnaud Broussou here: https://lnkd.in/dqtWBRYN #griclub #realestate #france #economy #growth

After last year’s disappointing transaction volume in European real estate, the residential sector appears to be a beacon of hope, reported to be attracting a significant influx of capital. 🔹 “The capital chasing the living sector is dominated by investors aiming to achieve enhanced returns, whilst core capital remains relatively subdued,” reports Gemma Kendall, Head of Multifamily Investment, International Capital Markets EMEA at JLL, after participating in the recent GRI Beds Europe 2024 event in London. Following a day of discussions around the residential and hospitality sectors with leading market players, Gemma shared that investors seem to be “adopting many different approaches via a wide variety of strategies including brown-to-green upgrades, office-to-resi conversions, structured financing, and development JVs, among others.” 🔹 “There was a consensus that investors are increasingly focused on the equity multiple and not purely IRR driven,” Gemma continued. “I felt a sense of optimism that the capital markets are showing signs of improvement, supporting the strong operational performance that investors have seen across their portfolios.” A special thank you to Pan European Club Partners, JLL, as well as all participants for their contributions towards the dynamic discussions. Join Gemma Kendall, as well as 700 C-level executives and Heads of Real Estate at the biggest GRI Club event of the year, Europe GRI 2024, on 10-11th September in Paris. 🔗 Read more and register here: https://lnkd.in/dkCzJV52 #griclub #realestate #jll #residential #investment

Während ihres Auftritts bei der Deutschen GRI 2024 nahm Christina Schädler, Vorstand bei der BEOS AG, exklusiv Stellung zu aktuellen Herausforderungen im deutschen Immobilienmarkt. 🔹 Frau Schädler betont, dass sich die BEOS AG besonders auf bestehende Vermögenswerte konzentriert und im Falle von Neuentwicklungen sicherstellt, dass sie über Generationen hinweg verfügbar sind und in Zukunft wiederverwendet werden können. “Wenn wir neu bauen, achten wir sehr stark darauf, drittverwendungsfähig zu bauen”. Faktoren wie Langlebigkeit, Umweltverträglichkeit und wirtschaftliche Nachhaltigkeit waren schon immer zentraler Bestandteil der Anlagestrategie der BEOS AG, um sicherzustellen, dass ihre Vermögenswerte den höchsten ESG-Standards entsprechen. 🔗 Sehen Sie hier das vollständige Interview: https://lnkd.in/dzpvnJze #griclub #realestate #germany #investment #sustainability

French real estate is seeing significant asset repricing, explains Pierre Leocadio, Head of Office & Retail - Europe at Oxford Properties Group, during an exclusive interview at France GRI 2024. 👉🏽 Oxford Properties were preparing for the next cycle by recapitalising assets, and consequently their real estate allocation dropped to just 15%. However, they are now ready to reinvest in real estate again, explains Pierre, as they see opportunities across the capital structure, including equity and credit. 🔸Pierre also describes Oxford Properties’ strong conviction in the life sciences sector, particularly in France. Although capital is less available today for biotech startups and companies, trends remain positive and Pierre explains how they continue to remain focused and patient. 🔗 Watch the full interview with Pierre Leocadio here: https://lnkd.in/d-x_EHik #griclub #realestate #france #lifesciences #marketcycle