Thu, Oct 17, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Institutional investors to reduce exposure to UK real estate after Brexit

Friday, July 08, 2016

Komfie Manalo, Opalesque Asia:

A majority of institutional investors said they would reduce their exposure to UK real estate in the wake of Britain’s vote to leave the European Union in order to assess their expectations and intentions following the result.

In a survey of 90 institutional investors, data provider Preqin said that more half, or 57% of the investors stated that the referendum result makes it likely that they will invest less in the UK over the next 12 months, with just 11% expecting to invest more than in the previous year.

Andrew Moylan, Preqin's head of real estate products, said, "It is clear that institutional investors are adopting a wait-and-see approach to the UK real estate market in the wake of the Brexit vote. Over half of the investors surveyed by Preqin expect to invest less capital in the UK in the coming year than they would otherwise have done, and over the longer term a third of institutions may look to reduce their exposure."

The survey also found that over the longer term, the outlook seems more positive for the UK market. Although 32% of respondents stated that they expected to invest less in the UK over the longer term as a result of Brexit, the majority (55%) do not expect it to affect their approach to the UK market, and 13% anticipate allocating more capital to the UK.

UK-focused real estate funds suspend withdrawals

When asked about the performance of th......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Tech: Quantum computing may be closer than expected with 'game changer' discovery[more]

    From Inverse: While quantum computing has long been an exciting notion for scientists and the public alike, the realization of these technologists has long been on hold. But researchers from the Johns Hopkins University have discovered a material that might just fast-track the creation of these, unt

  2. PE/VC: Private-equity deals depress worker wages, study finds, Thoma Bravo to buy Sophos for $3.9bn, Unicorn valuations are fit to burst, warn investors[more]

    Private-equity deals depress worker wages, study finds From Market Watch: Private-equity deals result in worse pay for workers, and, depending on whether the buyout target was public or not, fewer jobs, according to a newly published study. The study of some 6,000 private-equity de

  3. Tech: When AI invests in AI[more]

    From Forbes: The title of this article might sound farfetched to many readers, but keen students of artificial intelligence (AI) know that this is no longer very far away. Since the advent of computers, capital markets have always been at the forefront of technology. Yes, that's right. You may be wo

  4. These hedge funds do better. So why can't they raise more money?[more]

    From Institutional Investor: It's an enduring paradox: hedge funds run by women and minorities outperform their peers - but run less money. Evidence continues to mount that the money investors allocate to minority- and women-controlled hedge funds stands a better than even chance of outperformi

  5. Institutional investors in Canada, U.S., and the U.K are warming to responsible investing, says a survey[more]

    Laxman Pai, Opalesque Asia: The use of environmental, social and governance (ESG) principles by institutional investors in Canada, the US, and the UK is rising according to a new survey. RBC Global Asset Management (RBC GAM)'s annual survey on responsible investing trends found that more