Behind the Screens: Elephant in the room
The sharp rise in interest rates and the higher inflationary environment has led to the real estate sector falling out of favour over the last 18 months, with fund managers being the most underweight to the sector since the global financial crisis. With central banks pausing interest rate hikes and possibly near their peaks, what does this mean for the investment opportunities in real estate?
This week, Tom Walker, Co-Head of Global Listed Real Estate at Schroders and fund manager of the Responsible-A Rated Schroder Global Cities Real Estate fund, joined Jock Glover to share what he thinks will be the catalyst for a re-rating of the real estate sector, as well as why he believes data centres offer the biggest opportunity for them.
Don't have time to listen to the full episode, jump to your favourite part:
1:10 - What is the argument for putting money into real estate in the current market conditions?
3:10 - What will be the catalyst for a re-rating of the sector?
4:40 - Where are you seeing the biggest opportunities?
9:10 - How do you think from a residential perspective?
10:50 - How do you and the other fund manager split your time?
12:00 - What keeps you up at night?
13:10 - Where are the future opportunities?
This was recorded on Wednesday 25th October 2023. This podcast is only aimed at professional advisers and regulated firms and should not be passed on to or relied upon by any other persons. It is not intended for retail investors, who should obtain professional or specialist advice before taking, or refraining from, any action on the basis of the podcast, remembering past performance is not an indication of future performance. It is published by, and remains the copyright of, Square Mile Investment Consulting and Research Ltd. Square Mile makes no warranties or representations regarding the accuracy or completeness of the information contained herein. This podcast represents the views and forecasts of SM at the date of issue and may be subject to change without reference or notification to you. Nothing in this podcast shall be deemed to constitute a regulated activity or an invitation or inducement to engage in investment activity and it is not a recommendation to buy or sell any funds or investments that are mentioned during this podcast.