{"id":1858,"date":"2012-11-29T07:29:55","date_gmt":"2012-11-29T12:29:55","guid":{"rendered":"http:\/\/traceyarial.com\/blog\/?p=1858"},"modified":"2013-05-29T07:39:58","modified_gmt":"2013-05-29T11:39:58","slug":"european-development","status":"publish","type":"post","link":"https:\/\/traceyarial.com\/blog\/en\/european-development\/","title":{"rendered":"European Development Projects Equity-Hungry"},"content":{"rendered":"

\u201cIt\u2019s a good time for Canadians who are looking to diversify out of Canada,\u201d says international real estate advisor<\/strong><\/p>\n

Investors started the year holding on to cash, out of fear about how the European financial crisis might unfold. They are beginning to spend again now, but at significantly lower levels than before the crisis.<\/p>\n

Financiers are so cautious that even German developers with sensible projects in good locations with credit-worthy tenants under long-term leases have to scramble for equity.<\/p>\n

\"Olsen<\/p>\n

In the pre-crisis, German bankers would have financed those projects at 80 to 90% of cost, whereas now they might finance 60% maybe 70%, if it\u2019s absolutely the best-of-the-best triple A in every respect,\u201d says Atlantic Partners Ltd. president Bradley Olsen. \u201cThat gap is a very significant gap for the developers who weren\u2019t used to putting up that kind of equity. They\u2019re out scrambling looking for equity sources.\u201d<\/span><\/p><\/blockquote>\n

When it comes to acquisition, most foreign investors focus on major markets in Europe, says Olsen. London remains the top receiver of international capital in the office sector, followed by Paris and Munich, then Hamburg and Dusseldorf. Sweden, Norway and Finland are also receiving lots of attention in the office sector, while Poland is attracting everyone.<\/p>\n

\u201cWarsaw has had a pretty good run in the last twelve months,\u201d says Olsen. \u201cPoland is the next core market in Europe, in particular for logistics and retail, perhaps for investors too. I think it will continue to attract a lot of capital.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cIt\u2019s a good time for Canadians who are looking to diversify out of Canada,\u201d says international real estate advisor Investors started the year holding on to cash, out of fear about how the European financial crisis might unfold. They are beginning to spend again now, but at significantly lower levels than before the crisis. Financiers […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_wp_convertkit_post_meta":{"form":"-1","landing_page":"0","tag":"0","restrict_content":"0"},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[82],"tags":[],"class_list":["post-1858","post","type-post","status-publish","format-standard","hentry","category-international","post-wrapper","thrv_wrapper"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2buQs-tY","jetpack-related-posts":[{"id":1891,"url":"https:\/\/traceyarial.com\/blog\/en\/jim-tadeson\/","url_meta":{"origin":1858,"position":0},"title":"Lenders Want Experience and Proven Success","author":"Tracey Arial","date":"November 29, 2012","format":false,"excerpt":"\u201cLenders want to work with people they trust,\u201d says Jim Tadeson, Founding Partner in Carttera Private Equities Inc. Getting the right group of partners together for a project can make all the difference to its success. Those who demonstrate expertise in specific types of projects or strong local knowledge are\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"Tadeson headshot","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/JimTadeson.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1841,"url":"https:\/\/traceyarial.com\/blog\/en\/latin-america-opportunities\/","url_meta":{"origin":1858,"position":1},"title":"Latin American Opportunities","author":"Tracey Arial","date":"November 29, 2012","format":false,"excerpt":"Forward-looking investors like the financial resilience and increasing transparency of markets in Latin\u00a0America. Canadian investments like the big pension plans are starting to look back at Mexico as an attractive proposition given the stability it showed throughout the recent financial crisis,\u201d Eduardo G\u00fc\u00e9mez \u201cThere are still growth opportunities in Brazil\u2026","rel":"","context":"In "International"","block_context":{"text":"International","link":"https:\/\/traceyarial.com\/blog\/en\/category\/international\/"},"img":{"alt_text":"G\u00fc\u00e9mez","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/G%C3%BC%C3%A9mez.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1295,"url":"https:\/\/traceyarial.com\/blog\/en\/batshaw-under-five\/","url_meta":{"origin":1858,"position":2},"title":"Batshaw Changes How it Handles Children under Five in Lachine, LaSalle, and Verdun","author":"Tracey Arial","date":"December 3, 2012","format":false,"excerpt":"Batshaw and community workers in Lachine, LaSalle and Verdun held their first \u201cMy Family, My Community\u201d Steering Committee meeting last Friday, November 30. \u201cMy Family, My Community\u201d will radically change how Batshaw Youth and Family Services handles youth protection cases for children between one- and five-years old and their older\u2026","rel":"","context":"In "LaSalle"","block_context":{"text":"LaSalle","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/lasalleposts\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3119,"url":"https:\/\/traceyarial.com\/blog\/en\/monique_vallee\/","url_meta":{"origin":1858,"position":3},"title":"Monique Vall\u00e9e Named to Executive Council","author":"Tracey Arial","date":"November 19, 2013","format":false,"excerpt":"Denis Coderre named Monique Vall\u00e9e, recently-elected city councillor for the\u00a0Cecil P. Newman district, to Montreal's Executive Committee. She will be\u00a0in charge of social & community development and homelessness. Congratulations Mme. Vall\u00e9e. Other members of Montreal\u2019s new executive committee include: Denis\u00a0Coderre: in charge of economic development, international relations, Mont Royal, Montreal\u2019s\u00a0375th\u00a0anniversary\u2026","rel":"","context":"In "LaSalle"","block_context":{"text":"LaSalle","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/lasalleposts\/"},"img":{"alt_text":"MoniqueVallee","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/2013-11-18-04-45-34-Monique-Vall%C3%A9e--428x600.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3125,"url":"https:\/\/traceyarial.com\/blog\/en\/manon-gauthier\/","url_meta":{"origin":1858,"position":4},"title":"Manon Gauthier Named to Executive Committee","author":"Tracey Arial","date":"November 19, 2013","format":false,"excerpt":"Denis Coderre named\u00a0Manon Gauthier, recently-elected\u00a0city councillor for Nun\u2019s Island-Champlain and a senior manager at the Segal Centre, to Montreal's Executive Committee. She will be\u00a0in charge of\u00a0culture & heritage, design and status of women. Congratulations Mme. Gauthier. Other members of Montreal\u2019s new executive committee include: Denis\u00a0Coderre: in charge of economic development,\u2026","rel":"","context":"In "Verdun"","block_context":{"text":"Verdun","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/verdunposts\/"},"img":{"alt_text":"ManonGauthier","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/ManonGauthier.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15678,"url":"https:\/\/traceyarial.com\/blog\/en\/edmonton-development-disconnect\/","url_meta":{"origin":1858,"position":5},"title":"Edmonton\u2019s Development Disconnect","author":"Tracey Arial","date":"May 15, 2014","format":false,"excerpt":"While other cities face residential land shortages and struggle against urban sprawl, Edmonton\u2019s transportation system ensures access to surrounding municipalities that compete to attract developers. We\u2019ve just built a ring road that\u2019s approximately ten miles in all directions from the downtown core,\u201d said Greg Christenson, a senior housing developer in\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/comments?post=1858"}],"version-history":[{"count":4,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1858\/revisions"}],"predecessor-version":[{"id":1863,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1858\/revisions\/1863"}],"wp:attachment":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/media?parent=1858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/categories?post=1858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/tags?post=1858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}