|
By Sanela Kevric, Institutional Sales Luxembourg at Petercam
Investing part of one’s assets in European listed real estate makes sense. The specific asset class of European listed real estate provides investors with an attractive risk return proposal with strong fundamentals, indirect but real exposure to the real estate markets and superior liquidity.
1/ Quest for yield
Listed property offers an attractive answer to investors hunting for yield. The yield gap between the implied yield of listed property companies and bond yields has been gradually declining but at a 400bps the risk premium is still reasonably high, especially since interest rates are likely to remain lower for longer.
2/ Attractive property yields...
|