Showing 81 - 90 of 94 entries
Research PaperReal Estate Market Size 2014
Insights into the size of the professionally managed global real estate market.
Research PaperResearch Spotlight - Multi-National Real Estate Income Risk Analysis
Income is the principal foundation of real estate investment returns. For most markets and over the longer term, the vast majority of the real estate return comes through income rather than appreciation. The income generating nature of real estate has become even more relevant in an era of ultra-low interest rates, and in the context of the search for yield. Given the importance of income to investors, increasing attention is being placed on the monitoring of real estate cashflows in order to...
Research PaperIs Real Estate Bond-Like?
Growth Drives Long-run Risk and Return Peter Shepard, Peter Hobbs, Yang Liu June 2015 Many institutional investors have been favoring private real estate over bonds, drawn by its steady income stream and higher yields. But while the short-term income of real estate may be bond-like, our research shows that its long-run behavior is much more cyclical and growth-sensitive. Real estate is not the high-return, low-risk, free lunch some investors would hope for. But it’s not all bad news:...
Research PaperSectoral aspects of global infrastructure investment
As the MSCI Global Quarterly Infrastructure Asset Index grows in breadth and depth it provides increasing insights into the performance of the Infrastructure Asset Class, globally. In this Research paper, we focus on two broad areas related to sector-specific nuances of the asset class. First, the differential performance and volatility of the Transport and Power sectors, the two dominant streams of activity in the index. Second, a comparison of unlisted and listed infrastructure,...
Research PaperResearch Spotlight - Real Estate Home Bias - An Australian Case Study
The erosion of the real estate home bias: an australian case study in risk diversification. As an asset class, real estate investing typically has a high degree of home bias, especially when compared to equities and fixed interest. However, this real estate home bias is starting to erode, with asset owners in most countries already investing internationally or actively exploring the options for building offshore exposures. Some of these asset owners are motivated purely by pricing, but many...
Research PaperUK Rating Revaluation 2017
The Valuation Office Agency in England and Wales and the Assessors in Scotland periodically revalue all properties in the Rating Lists. This is important as significant changes in open market rental values (OMRV), on which the rateable values for most properties are based, can take place over a five (or seven) year period, especially through volatile property market and economic cycles. Consequently, the shares of the overall rates bill accounted for by different sectors and...
Research PaperThe Asset Management Report
IPD has collaborated with niche asset management specialist, Goshawk, to refine a definition of active asset management and to explore its impact upon returns. This is a topic which the property world often refers to, but is poorly understood. This new report will quantify for the first time the effect of active asset management on investor performance using the industry standard IPD UK Quarterly Property Index.
Research PaperIPD Global Annual Property Index - 2014 Results Report
Mark Clacy-Jones, Peter Hobbs, Brent McElreath April 2015
Research PaperIPD – Tinsa Barometer - 7th Edition - April 2015
Over the last two years, the principal investors in the Spanish property market have provided IPD and Tinsa with their forecasts of the major trends in the real-estate market. Spanish economic growth, real estate yields and rent levels were among twenty variables predicted by an elite group of market players. In this seventh edition of the IPD-Tinsa Barometer, our 13 panellists share their outlook for 2015 against the backdrop of economic recovery.
Research PaperBarómetro IPD–Tinsa - 7 edición – Abril 2015
La recuperación se consolida