21 April 2017
London
Reporter: Theo Andrew

French election to affect investor strategies


A Marine Le Pen victory in the upcoming French elections would lead 56 percent of European real estate investors to review, and potentially delay selling property assets, it has emerged.

Research conducted by Intertrust also found that 48 percent said the outcome of the German Federal Election in September would have the same effect.

The survey found that 91 percent of investors said the French election would be a key driver in influencing investment decisions in 2017, while 73 percent cited the German election as a key factor, 68 percent named the effect of Donald Trump’s Presidency, and 58 percent said they would be influenced by the Brexit negotiations.

In addition, 42 percent of investors cited potential terror attacks as a reason to review of delay planned property sales.

Despite this, investor appetite remains strong across the European landscape, according to Paul Lawrence, global head of funds at Intertrust.

Lawrence said: “Investor appetite in European real estate remains robust given its reputation as a low-volatility asset class providing a strong yield and, in many cases, a refuge for capital preservation.”

He added: “That said, investors have a cautious eye on the elections and as such we expect to see a reluctance to venture further up the risk curve in search of stronger returns, with a preference for investment in lower-risk countries.”

The research was conducted by Citigate Dewe Rogerson using Preqin data.

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Standard Chartered boosts CRE team
11 December 2017 | Singapore | Reporter: Stephanie Palmer
Standard Chartered has named Steven Cranwell as global head of commercial real estate for its global banking business
SoftBank and Compass in ‘largest ever’ US real estate tech investment
08 December 2017 | New York | Reporter: Stephanie Palmer
Real estate technology firm Compass has won $450 million in investment from the SoftBank Vision Fund, in what Compass has called the largest ever real estate technology investment deal in US history
Tristan fund makes first foray into Germany
07 December 2017 | Bonn | Reporter: Stephanie Palmer
The CCP 5 long-life fund, a core-plus fund advised by Tristan Capital Partners, has made its first investment in Germany, acquiring an office complex in Bonn for €35 million
JLL develops UK corporate solutions team
07 December 2017 | London | Reporter: Stephanie Palmer
JLL has named Sue Asprey Price as lead director of its corporate solutions business in the UK, with immediate effect
Link Asset Services appointed as real estate fund administrator
06 December 2017 | London | Reporter: Stephanie Palmer
Warehouse REIT, a specialist warehouse investor managed by Tilstone Partners, has selected Link Asset Services for fund administration
Dutch portfolio sold for €200 million
05 December 2017 | Amsterdam | Reporter: Stephanie Palmer
Patrizia Immobilien AG has sold a portfolio of 61 residential properties in the Netherlands, for around €200 million
Allianz tops off bumper 2017 with Broadway acquisition
04 December 2017 | New York | Reporter: Stephanie Palmer
Allianz Real Estate has acquired a 43 percent stake in 1515 Broadway, New York, a class-A building valued at $1.95 billion