On November 25, 2021, the Central Bank of Ireland (Central Bank) released a Consultation Paper 145 (Consultation Document) to industry on a proposal to: (1) introduce macroprudential limits on the leverage and (2) provide regulatory guidance to reduce the potential for liquidity mismatches in the AIFMD[1] compliant real estate fundsRead More →
AMP Chief Economist Shane Oliver adds: “The recovery and therefore the easy gains are now behind us and, more importantly, interest rates and bond yields are starting to rise, which will likely put pressure on yield sensitive real estate funds. Oliver says residential real estate markets are starting to slowRead More →
The Central Bank will impose new financial rules on real estate funds, warning that a massive sale of assets by these entities could destabilize the sector. In its latest financial stability review, the regulator said real estate funds now hold 40% of the Republic’s commercial residential real estate assets, worthRead More →
Despite record amounts of payments in recent years, the unclaimed property division of the Wyoming State Treasurer’s Office currently holds more money than ever before, with the current amount standing at $ 100 million. Wyoming law states that properties that have reached the required dormancy period must be reported byRead More →
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Aberdeen Standard Investments (ASI) will merge its Aberdeen UK Property and Standard Life Investments UK Real Estate open-end funds, as well as their feeder funds, after obtaining shareholder approval. The consolidation of the two licensed real estate investment funds (Paifs) follows the merger of Standard Life with Aberdeen Asset ManagementRead More →
Considering the problems faced by the sector in recent years, it may seem strange that a new open real estate fund has entered the market. Yet this one promises to be different. Time: Real Estate Long Income and Growth Fund (GB00BMH82X78) will take a “one-size-fits-all” hybrid approach, holding both realRead More →
Once considered the place of choice for diversification and reliability of income, real estate funds are today at a crossroads. Falling yields, the crisis in the commercial real estate market and the economic downturn have caused some investors to completely reconsider real estate. Increased interest in real estate has grownRead More →
The pandemic has prompted fund managers to renegotiate rents in some cases and accelerated divestment from subsectors already facing longer-term problems. An estimated £ 6.4bn in rent has gone unpaid following Covid-related business closures, according to the FT, with the ban on evictions of commercial property to remain in effectRead More →
The pandemic has prompted fund managers to renegotiate rents in some cases and accelerated divestment from subsectors already facing longer-term problems. An estimated £ 6.4bn in rent has gone unpaid following Covid-related business closures, according to the FT, with the ban on evictions of commercial property to remain in effectRead More →
During this time, the company will return 45.7% of the net asset value of the inc and acc share classes of its UK Property Feeder funds. This follows the closure of funds in May of this year, after more than a year of significant uncertainty over real estate valuations. AccordingRead More →