Investor’s Guıde 2013
OUTLOOK 13
greater flows of distressed assets in the
European strategies are out of favour.
However it’s not just sustainability
coming months.
Now it is about depth and detail, as
that is changing the nature of what is
banks become more local themselves,
built, and where. Across all sectors,
Accepting more risk requires more
seeking security in knowing how the
macro trends are emerging that provide
rigour – and this is where those who
demographics or economy of an area
opportunities for those able to grasp
are specialised, who have detailed
works.
them.
networks in regional markets will
Investors and lenders, as they keep one
For those hunting distressed-property
prosper. Investors are exploring
eye on refinancing risk, want to know
loan portfolio deals, there will be
off-the-radar locations, learning how
whether an asset will stand the test
more interesting prospects over the
the local economies of those areas
of time. The need for flexibility and
months ahead. Dublin will attract
function, and seeking relationships with
“future-proofing” buildings will see
more private equity capital as banks in
local operators to help them do that.
the green agenda take a significant step
Ireland release more assets this year.
Lenders are similarly specialising. Pan-
forward in 2013.
Investors will also be watching to see
local knowledge, and who can create
City Investment Prospects Source: Emerging Trends in Real Estate Europe 2013 Note: On a scale of 1 to 5
Expectations Regarding Amount Invested, Rents and Capital Values for 2013 Source: Emerging Trends in Real Estate Europe 2013 Note: The scale for this Exhibit 1 = increase to 5 = Decrease