Post de Rudy Malbrecq

💡 "Why is checking solvability crucial when buying property in France? In our latest interview with Julien Emard, we explore how this step can make or break your real estate plans—and how to get it right. 😎 👉 Watch the full video now: link in the first comment." Thank you Delphine Collet for the video :) 🙏 #ExpertInsights #PropertyInvesting #FinancialAdvice #HomeBuyingJourney #ClientSolvability #BuyingInFrance #FrenchRealEstate #MortgageApproval #PlanAhead

📢 New contributions to our student blog! We are excited to share the third in a series of papers authored by master's students from a class focused on energy efficiency, led by Marc Ringel and supported by Valeria de los Casares. This third paper delves into improving Integrated Home Renovation Services (IHRS) by comparing four different initiatives across Europe. It provides a comprehensive analysis of these services and presents recommendations for enhancing their effectiveness and replicability. The study highlights best practices and common challenges, focusing on trust-building, affordability, diversification, and empowerment. Congratulations to the authors: Axel Blanadet, Justine KLAUS, Léa Nassif, and Taicheng Jin. Read the paper here ➡ https://lnkd.in/ewbs4qFG #EnergyEfficiency #HomeRenovation #Sustainability #StudentResearch #CleanEnergy #EUProjects #Innovation Sciences Po

As many real estate sectors return to positive growth, now is the time to gain critical insights. Join Amanda Newton, Andrew Allen, Matthew Pointon, and Duncan White, in-person on November 5th as they discuss the key drivers behind this recovery, explore emerging trends within traditional markets, and discover how new sectors are shaping the future of real estate. Register now: https://lnkd.in/eKvGkEp6

How advantageous is the Swiss real estate market in the macroeconomic environment and where are the bright spots in the European real estate market? Our expert Robert Kuert analyses market developments, noting that the economy is adjusting to a new environment with higher long-term interest rates. In this context, real estate offers an effective hedge against inflation, as commercial leases tend to be linked to indices.  👉 https://lnkd.in/ettY-5Ci   🔎 With our real estate investment solutions, we support our clients in achieving their long-term investment objectives, which in turn also take account of their client’s needs so they can plan their financial future in a self-determined manner. #RealEstate #OfficeMarket #CommercialRealEstate #LogisticsSpace 

European real estate appears to be at a cyclical low – but several positive trends may now prompt a recovery. How can investors position themselves to benefit? In our recently released article, Geraldine Sundstrom and Zsolt Kohalmi argue that fortune is likely to favour the bold. Learn more: https://lnkd.in/edxD_m8G #Pictet #RealEstate #MarketInsights #Investing

European Parliament Enacts Revised Capital Requirements Regulation    On 24th April, the European Parliament enacted a revised Capital Requirements Regulation (CRR) which will come into effect on 1 January 2025 introduces inter alia the concept of a “property value” based on “prudently conservative valuation criteria”.   Article 229 (1) of the existing CRR provides that immovable property collateral “…shall be valued by an independent valuer at or at less than the market value” and  “ In those Member States that have laid down rigorous criteria for the assessment of the mortgage lending value in statutory or regulatory provisions the property may instead be valued by an independent valuer at or at less than the mortgage lending value… “   A revised Article 229 now provides:   “1. The valuation of immovable property shall meet all of the following requirements: the value shall be appraised independently from an institution’s mortgage acquisition, loan processing and loan decision process by an independent valuer who possesses the necessary qualifications, ability and experience to execute a valuation; the value is appraised using prudently conservative valuation criteria which meet all of the following requirements:  (i) the value excludes expectations on price increases; (ii) the value is adjusted to take into account the potential for the current market price to be significantly above the value that would be sustainable over the life of the loan; (c) the value is not higher than a market value for the immovable property where such market value can be determined…”   This heralds a radical change in the way properties in the Union will be valued for mortgage loan purposes in the future. In effect, 2 two valuations will be required, that one based on market value as defined in CRR and another based on prudently conservative valuation criteria.   TEGOVA recognises that the criteria set out in the new Article 229 are difficult to interpret and that valuers will face difficult challenges in implementation. That said, in March of 2023 our European Valuation Standards Board issued an interpretation of Article 229 https://lnkd.in/ejrSnVY2 which will be tabled for approval by TEGOVA’s General Assembly in Bucharest on 11th May 2024 for inclusion as a Guidance Note in a new edition of European Valuation Standards (EVS 2025) to be launched on 18 October.  

Our latest EMEA Capital Markets Snapshot Q2 shows early signals of recovery in European commercial real estate. The pace and strength of the rebound vary across different markets. In Sweden, activity increased further in Q2, with volumes rising 40% versus the previous year and the trend will likely to continue. The central bank cut its policy rate in May and further cuts are expected this year, removing pressure on some players and bringing buyers and sellers even closer. André Lundberg   In Norway, positive sentiment was evident in the market with transaction volumes significantly up in Q2 and 82% so far in 2024. Several large deals have been announced recently, increasing the average deal size significantly. Free cash flow for property owners remains pressured and will potentially trigger activity in H2. Debt financing is largely available, though expensive. Frida Tosterud Grov   In Finland, average deal sizes are on the rise, and Q3 2024 is expected to see further growth in transaction volume. Investors’ interest spans across various asset classes. The market experienced a modest decline in transaction volumes in Q2 compared to the same period last year. However, the average deal size has increased to approximately €25 million, and we also observed a few larger deals, indicating ongoing improvement of market conditions. Foreign property funds have been the most active buyers, while domestic funds have been the most active sellers. The residential market has become notably more active in recent months, featuring €100 million-plus portfolio deals. In Q3 we anticipate continued activity in the community service and logistics segments, as well as retail properties such as big-box stores in prime locations. Heidi Kallonen   Click through the interactive map and gain insights into the Nordics and the rest of the EMEA region's latest analysis of investment markets in Europe here: https://lnkd.in/dA6Kjh7i   Luke Dawson Damian Harrington #ColliersNordics #realestate #investors #capitalmarkets