GRI Club Europe

Check out what you’ll find in the last edition of GRI Insights Europe in 2024! 🔹 The inaugural edition of GRI Hospitality Europe 2024 took place in Madrid last month, bringing together industry leaders, investors, and operators to discuss current trends, strategic approaches, and future expectations in the hospitality sector, and we’re pleased to present the key takeaways from the event on the GRI Hub. We also take a look at why Southern Europe is an increasingly attractive destination for real estate investments, with strong economic positioning and a range of opportunities for diversification and returns, and share an interview with Caisson IO’s Executive Director, Mark Bowden, who sat down with us to discuss the UK’s Multi-Let Industrial (MLI) market. We’ll be back with a new edition on January 10th 2025! 🔗 Sign up to the GRI Club Europe newsletter here: https://lnkd.in/dw87WjUN #griclub #realestate #insights #newsletter #weekly

Last month, the inaugural edition of GRI Hospitality Europe 2024 took place in Madrid, bringing together industry leaders, investors, and operators to discuss current trends, strategic approaches, and future expectations in the hospitality sector. 🔹 Topics covered by participants during the discussion panels at the meeting included the growth of the hospitality sector, the rise of branded residences, modern leisure resort requirements, the definition of luxury, and much more. Now we’re pleased to share the key takeaways from these high-level conversations in a new article on the GRI Hub. Featuring decision-maker perspectives on value-add strategies, refinancing, new hybrid models, and the importance of local partnerships, don’t miss out on the key issues impacting the hospitality sector in 2025. 🔗 Check out the full range of insights here: https://lnkd.in/dMqC_8Tj #griclub #realestate #hospitality #luxury #valueadd

🔗 Read all insider outlooks from Latin American and Iberian investors in the exclusive GRI Club report: https://lnkd.in/d3jTzyEh Collating key takeaways from the recent ‘Ibero-American Real Estate Investment’ Online Meeting, the report addresses influencing factors behind the booming presence of Mexican investors in Spain and overwhelming presence of Brazilian investors in Portugal, including higher yields, economic stability, and attractive luxury hospitality and residential sectors. 🔹 Not all investors are born equal however, and the report reveals clear differences in strategy and preferences between family offices and institutional investors active in the region, as well as interesting comparisons between the appeal of US and European markets to Latin American investors, including Europe’s fragmented market and slower transactions. Meanwhile, capital flow in the opposite direction encounters more challenges, primarily due to Latin America’s economic and political volatility. However, an expanding middle class and nearshoring trends particularly in Mexico, present attractive opportunities for Iberian investors seeking to diversify their portfolios. Read more in the full and exclusive report, available now on the GRI Hub. 📰 #griclub #realestate #latinamerica #iberia #investment

What is the best real estate sector to be involved with for the next two years? In January 2023, global real estate leaders saw promise in the residential for sale and life sciences sectors. Twelve months on, by January 2024, the focus had shifted and data centres were the key sector of interest. Today, as we step into 2025, urban living trends and housing shortages are boosting the build-to-rent sector over residential for sale, while soaring data demand is placing data centres in the limelight, although the sector’s unique complexities have deterred some less risk-inclined investors. This January 2025, how will sentiment compare to previous years, and where will the world’s real estate leaders identify the most interesting sectoral opportunities? 🔗 Find out more about the three-day gathering in St Moritz on 16-19th January here: https://lnkd.in/d8wEhbUn #griclub #realestate #global #networking #investment

Recent estimates have placed the European debt funding gap in the range of EUR 80-90 billion for 2025-2027, however ongoing uncertainty remains about the accuracy. GRI Club members, consisting of the most prominent market players in the industry, addressed the matter at a recent Club Meeting, highlighting this lack of certainty, but reassuring of a strong, active, and diverse lending environment. Despite appearances, market players described the market as liquid, with debt funds, investment banks, clearing banks, and international banks all actively participating. 🔹 This matter will be top of the agenda once again at the upcoming UK & Europe Reunion 2025, on 27th February in London, with a specific ‘Debt Funding Gap’ discussion session, among 15+ other roundtables addressing specific sectors, financing, the current cycle, LP feedback, and more. 🔗 See the full schedule and enquire about joining here: https://lnkd.in/dRKKh3C9 #griclub #realestate #debt #europe #investment

🔗 Access GRI Club’s exclusive Data Centres Investment Opportunities in Europe 2024 report here: https://lnkd.in/d2vBwK9K Earlier this year, the UK government classified data centres as Critical National Infrastructure (CNI), vital for supporting the rapid growth of AI, cloud computing, and digital transformation. As other governments follow suit, they will inevitably begin to balance the development of data centres with the development of other critical infrastructure and homes. As the data centre market rapidly evolves, project sizes are also expanding significantly. In 2019, a 70 MW data centre was considered large, but now campuses requiring 100-200 MW are the norm, with gigawatt-scale projects emerging in the US. 🔹 As these projects grow in scale, developers and investors increasingly turn to joint ventures, partnerships, and diversified funding sources to manage risk. Lender engagement in the sector is also expanding, with a variety of international players including European, Asian, and Middle Eastern banks. However, the increasing complexity of design and operation, coupled with the rapid pace of technological advancements in AI and cooling solutions, makes the sector unique in its challenges. 🔹 The latest GRI Club report, in partnership with Dentons, collates the exclusive insights exchanged between key stakeholders in the European data centres and real estate space during high-level roundtable discussions as they address strategies to overcome challenges including power constraints, sustainability regulations, obsolescence risk, talent shortages, and more. #griclub #realestate #datacentres #technology #investment

Data centre resilience, Germany’s wavering powerhouse status, and CEE’s macroeconomic outlook - all in this week’s GRI Club Europe newsletter! 🔹 With data centre projects rapidly growing in scale, developers and investors are increasingly turning to joint ventures, partnerships, and diversified funding sources to manage risk. This was among the matters discussed by leading data centre market players at a recent GRI Club Meeting, and presented in the latest GRI Club report. Plus, more insights into Berlin’s real estate market, whose current cycle is reportedly marked by significant price corrections, slow recovery, and persistent structural barriers. And, don’t miss in-depth economic analysis of the CEE region from BNP Paribas’ Group Chief Economist, Isabelle Mateos y Lago, describing the region’s resilience despite uncertainty around ”Trumponomics” and the neighbouring conflict. 🔗 Sign up to the GRI Club Europe newsletter here: https://lnkd.in/dw87WjUN #griclub #realestate #insights #newsletter #weekly

Every year, in St Moritz, Switzerland, the GRI Global Chairmen’s Retreat creates an environment for the most high-level exchange of knowledge, insights, and experience among an exclusive group of the world’s leading real estate market players. The four-day occasion taps into the greatest minds in the industry for agenda-free conversations, and the most valuable moments of networking of the year. Last year, against the backdrop of Switzerland’s snowy mountains, real estate leaders anxiously assessed the coming year of geopolitical uncertainty and the impending outcomes of 100+ elections worldwide. 🔹 As 2025 begins, the election results may be settled, but with a controversial incoming US president and escalating conflicts in the Middle East, the focus will shift to analysing market impacts and identifying opportunities and strategies moving forward. Exclusive for GRI Retreat-level members, the GRI Global Chairmen’s Retreat 2025 will be taking place on 16-19th January in St Moritz, Switzerland. 🔗 Find out more here: https://lnkd.in/d8wEhbUn #griclub #chairmen #retreat #srmoritz

Mark Bowden, Executive Director at Caisson iO, recently participated at GRI Light Industrial & Logistics 2024 where he gave an exclusive interview addressing the key trends and asset management strategies in the UK Multi-Let Industrial (MLI) market. 🔹 Mark emphasised how tenant resilience has played a key role in maintaining stability, even during major global disruptions such as the Global Financial Crisis, Brexit, and COVID. Regarding tenant demands, the sector has experienced a certain transformation, but not in terms of technology and automation, as is the case in the big box sector, explained Mark. Rather, there has been a shift from low-value tenants, such as car body repair shops, to higher-value ones, including trade counters, wholesalers, and B2C businesses. Mark revealed a stark transformation in Caisson IO’s tenant base, with their MLI portfolio going from 70% low-value tenants a decade ago to 70% high-value today. 🔗 Watch the full interview with Mark Bowden here: https://lnkd.in/d37dPRQy #griclub #realestate #logistics #multiletindustrial #investment

Last week (4th), GRI Club’s series of economy-focused Club Meetings began with the ‘CEE Economic Series’, welcoming keynote speaker Isabelle Mateos y Lago, Group Chief Economist at BNP Paribas, as well as 30+ leading CEE and DACH region real estate market players. 🔹 Isabelle broadly addressed the CEE economy, highlighting the resilience of the region, however, warned of risks to growth and inflation due to uncertainties surrounding “Trumponomics”. This uncertainty is also compounded by the ongoing threat of the Ukraine war, raising concerns over the potential for an economic crisis. Despite a slow disinflation process, inflation is expected to remain above target through 2025. Monetary policy remains well above pre-COVID levels, though monetary easing has provided some relief, particularly in reducing government bond yields. Isabelle explained that the CEE region still remains an attractive destination for foreign direct investment (FDI), considering competitive corporate tax rates and wage costs still remaining below those in Western Europe. 🔗 Access Isabelle’s key insights presented at the meeting on the GRI Hub: https://lnkd.in/d9_WMnve It was a pleasure to welcome the leading real estate market players in the region to this online meeting, and GRI Club would like to thank all participants for their contributions, including Adrian Karczewicz (Skanska), Andrzej Lasocki (MDC2), Anna Bencze (HelloParks), Dariusz Domanski (White Star Real Estate (WSRE)), Dorota Latkowska (REINO Group), Gabriela Gryger (GGR Group), Guenther Artner (Erste Group), Guido Wolf (Zabolis Partners), Julia Racewicz (Savills Investment Management), Ladislav Szabo (Numa), Natalia Sarpi, FCCA (SPEEDWELL Development), Nicolas Bearelle (@Re-Vive), Dr Piotr Goździewicz, MRICS (Cromwell Property Group), Piotr Krawczynski (DeA Capital Real Estate SGR), Piotr Trzciński (Savills Investment Management, Rafal Pradzynski (REINO Group), and many more. #griclub #realestate #cee #economy #investment