\nInvestitorii de retail retrag mai mult de un miliard de euro pe lun\u0103 din fondurile imobiliare din Europa, \u00een condi\u0163iile \u00een care sc\u0103derea cererii \u015fi o cre\u015ftere a costurilor de \u00eemprumut ridic\u0103 o serie de \u00eengrijor\u0103ri cu privire la evaluarea propriet\u0103\u0163ilor comerciale, raporteaz\u0103 Bloomberg.<\/p>\n
\nAceste r\u0103scump\u0103r\u0103ri au \u00eensemnat c\u0103 activele nete totale de\u0163inute de fondurile imobiliare europene deschise \u015fi tranzac\u0163ionate la burs\u0103 au sc\u0103zut cu peste 10%, ajung\u00e2nd la 180,7 miliarde de euro din decembrie 2022 p\u00e2n\u0103 la sf\u00e2r\u015fitul anului trecut, arat\u0103 datele compilate de Morningstar. <\/p>\n
\n\u00cen timp ce investitorii sunt nervo\u015fi \u00een special \u00een ceea ce prive\u015fte pia\u0163a imobiliar\u0103 comercial\u0103 din SUA din acest moment, temeri similare s-au instalat \u00een Europa \u00een aceast\u0103 s\u0103pt\u0103m\u00e2n\u0103, obliga\u0163iunile emise de Deutsche Pfandbriefbank AG sc\u0103z\u00e2nd din cauza expunerii lor la aceast\u0103 pia\u0163\u0103. Fondurile imobiliare reprezint\u0103 o amenin\u0163are la adresa stabilit\u0103\u0163ii financiare, deoarece reprezint\u0103 40% din pie\u0163ele CRE din zona euro, au avertizat anul trecut oficialii B\u0103ncii Centrale Europene.<\/p>\n
\nNepotrivirea dintre lichiditatea oferit\u0103 investitorilor \u00een fondurile imobiliare \u015fi natura \u201enelichid\u0103\u201d a activelor acestora a fost eviden\u0163iat\u0103 \u00een urma votului pentru Brexit, c\u00e2nd multe dintre fondurile din Marea Britanie au fost nevoite s\u0103 suspende tranzac\u0163iile \u015fi s\u0103 v\u00e2nd\u0103 rapid activele \u00een urma unei cre\u015fteri bru\u015fte a cererilor de r\u0103scump\u0103rare. <\/p>\n
\n\u201eMulte fonduri deschise sunt presate s\u0103 v\u00e2nd\u0103 pentru a satisface cererile de r\u0103scump\u0103rare \u00een cre\u015ftere”, a scris s\u0103pt\u0103m\u00e2na trecut\u0103 Oliver Salmon, cercet\u0103tor la Savills Plc.<\/p>\n
\nCu toate acestea, se a\u015fteapt\u0103 ca perspectivele pentru CRE s\u0103 se \u00eembun\u0103t\u0103\u0163easc\u0103 \u00een cursul acestui an, dac\u0103 BCE \u00eencepe s\u0103 reduc\u0103 ratele dob\u00e2nzilor \u015fi dac\u0103 povestea sc\u0103derii sustenabile a infla\u0163iei se dovede\u015fte a fi adev\u0103rat\u0103.<\/p>\n
\nR\u0103scump\u0103r\u0103rile \u00een Europa au dep\u0103\u015fit 1 miliard de euro \u00een fiecare dintre ultimele trei luni ale anului 2023, arat\u0103 datele Morningstar. Investitorii germani, care trebuie s\u0103 dea un preaviz cu un an \u00eenainte de a putea retrage banii, au retras peste 750 de milioane de euro din fondurile imobiliare europene \u00een ultimele cinci luni ale anului, potrivit Barkow Consulting.<\/p>\n","protected":false},"excerpt":{"rendered":"
Investitorii de retail retrag mai mult de un miliard de euro pe lun\u0103 din fondurile imobiliare din Europa, \u00een condi\u0163iile \u00een care sc\u0103derea cererii \u015fi o cre\u015ftere a costurilor de \u00eemprumut ridic\u0103 o serie de \u00eengrijor\u0103ri cu privire la evaluarea propriet\u0103\u0163ilor comerciale, raporteaz\u0103 Bloomberg. Aceste r\u0103scump\u0103r\u0103ri au \u00eensemnat c\u0103 activele nete totale de\u0163inute de fondurile […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[9323,10327,7283,246,83,438,471,8986,7148,30,7633,11229,32726,10222,8327],"class_list":["post-224069","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-active","tag-conditii","tag-costuri","tag-crestere","tag-deschidere","tag-europa","tag-europene","tag-evaluare","tag-fonduri","tag-imobiliare","tag-investitori","tag-piata-imobiliara","tag-rascumparare","tag-retragere","tag-scadere"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/224069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=224069"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/224069\/revisions"}],"predecessor-version":[{"id":224089,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/224069\/revisions\/224089"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=224069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=224069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=224069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}