Funds climb the risk curve in quest for new product
Language: English Series: EuroProperty ; March 2006, 24-25(2)Publication details: 2006Subject(s): Summary: European stock shortages have lead core investors to consider speculative developments. This is evident in micro-markets, such as the West End and M25 areas in London and the outskirts of Paris. Some projects will be funded from developers' own equity, while others will be secured through debt finance. Subsequently, banks are going up the risk curve to do speculative development in their backing of opportunity funds. Core investors and investment managers are also becoming more willing to take the path into riskier territory.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132764 (Browse shelf(Opens below)) | 1 | Available | 132764-1001 |
European stock shortages have lead core investors to consider speculative developments. This is evident in micro-markets, such as the West End and M25 areas in London and the outskirts of Paris. Some projects will be funded from developers' own equity, while others will be secured through debt finance. Subsequently, banks are going up the risk curve to do speculative development in their backing of opportunity funds. Core investors and investment managers are also becoming more willing to take the path into riskier territory.