Jim Rehlaender, Fund Manager, Global Property Securities
- 5 Jan 2012
Jim Rehlaender, Fund Manager, Global Property Securities, looks ahead into 2012
- There is generally a short supply of ‘bricks and mortar’ property investments, while demand for real estate assets by private equity investors and institutions remains strong.
- These fundamentals are far better than property share prices suggest, which heavily discount macro-economic headwinds.
- Politics are going to be the dominant theme, particularly in the first half of 2012. Any resolution to the current European sovereign debt crisis would be an obvious upward trigger for the global property sector.