To print this article, simply register or connect to Mondaq.com. On November 25, 2021, the Central Bank of Ireland (“central bank“) published a consultation paper (“CP145“) on macroprudential measures for the real estate fund industry. The publication of CP145 follows the recent regulatory focus on the Irish real estate fundRead 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 →

So much has changed since the coronavirus pandemic emerged early last year. Remote working, once considered impractical, has become the norm. As economies start to open up and lockdown restrictions relax, companies are still figuring out what their hybrid working models might be. Legal & General Investment Management’s real estateRead More →

Most retail investors would abandon their open-ended real estate funds if the Financial Conduct Authority introduced 90- to 180-day notice periods, according to research from AJ Bell. The company surveyed 1,951 DIY investors on its Youinvest platform and found that more than half (54%) of the 406 investors who heldRead More →

Higgins says concerns are being raised about inexperienced managers creating high-yielding funds to attract investors looking for alternatives to bank bonus deposit accounts paying less than 1%. According to Zenith, more than 600 unlisted real estate funds manage assets of more than $20 billion. The “garbage dash” Higgins estimates thatRead More →

Managers of listed real estate vehicles have been spying on the opportunity to signal the benefits of the closed-end structure as two open-ended real estate funds remain frozen and the industry awaits the outcome of the Financial Conduct Authority’s liquidity consultation. Earlier this week, the authorized managing director of theRead More →

LONDON (Reuters) – UK property funds which resumed operations after a six-month freeze recorded net outflows of £ 336million in October, the third worst monthly performance on record for the sector, the network said on Tuesday. Calastone fund. Much of Britain’s £ 70 billion real estate fund industry was putRead More →

Large UK real estate funds are maintaining trading suspensions over fears that low cash reserves and regulatory uncertainty could trigger an investor flight. All of the UK’s major commercial real estate funds suspended operations in March, trapping nearly £ 22bn in investor money, after the coronavirus-induced shutdown in economic activityRead More →

St James’s Place reopened its real estate funds after its independent appraiser CBRE lifted the material appraisal uncertainty clause this morning. The funds were shut down in March, along with a host of commercial real estate funds, after appraisers proclaimed “material uncertainty” over real estate market valuations as the lockdownRead More →

Australia’s central bank has warned of deteriorating conditions in commercial property markets, with banks and developers exposed to excessively high property valuations. In its April Financial Stability Review, the Reserve Bank gave a grim forecast detailing that the coming period would see lower volumes, sales and valuations, reflecting the weakRead More →