Illiquidity premia in real assets

With society facing many urgent and complex challenges, deciding who is best-placed to deliver solutions has become an emotive and often political subject. We assess whether there is a better way to utilise the skills and resources of the public, private and third sectors for the greater good.

The role of a city is vastly different to fifty years ago. We explain why talent, clusters and scale are key factors in determining which cities – and therefore European office markets – will thrive in the years ahead.

The cyclicality of real estate creates opportunities for well-informed investors. However, determining where a market is in the cycle can be difficult, so we have developed a tool that can help investors overcome this challenge.

The growing importance of megacities, the largest and most productive metropoles, is likely to have significant implications for investors, says Souad Cherfouh.

Supply-side factors are often underestimated by real estate investors with demand drivers receiving more attention, says Monika Sujkowksa.

Investors have high hopes for Canada’s PPP infrastructure market, but can it deliver the opportunities investors crave?

Demand for flexible office space is growing as technology disrupts working practices and business structures.

The European economy is enjoying a relative boom, but with real estate investment markets at an advanced stage of the cycle investors must be wary.

A strong global economy and rising interest rates are shaping the outlook for UK real estate in 2018, says Tom Goodwin.

A growing number of investors are looking to private assets to provide higher yields than liquid alternatives, but few are targeting illiquidity premia explicitly, writes John Dewey.

Technological change is piling pressure on traditional retailers, a trend with significant implications for retail real estate, says Chris Urwin.

During a sustained period of strong performance for real estate assets, an investment strategy based on mimicking the benchmark paid off handsomely. But as we move into an altogether more challenging period, this approach will no longer reap the same rewards.