The Property Chronicle
Verified
Magazine
The Property Chronicle is a global print and online publication delivering a unique perspective on all investments but with a particular emphasis on real estate, direct and listed, and real assets (from infrastructure to wine and race horses). We have contributors from across the world covering specific issues in EMEA, USA and Asia Pacific. But many of our articles have global relevance and apply to all asset classes and geographies. Working with leading investors, analysts, academics and actual operators, The Property Chronicle delivers a considered, and occasionally irreverent, view on the investment world. We go beyond and behind the news. Source
Actions
Media Outlet details
| Scope | International |
|---|---|
| Language | English |
| Country | United Kingdom |
Similarweb UVM
|
Request pricing |
Comscore UVM
|
Request pricing |
| Frequency | Quarterly |
Recent Articles
Search ArticlesForecasting – the next evolution
The 1970s was a turbulent decade, but these headlines still resonate today. Of course, we shouldn’t press the comparison too far. No one can deny that the music and the rugby were superior in the 1970s. History repeats itself, but seldom in a financially bankable way. Statistical models constructed from the past can be informative, but with limitations as tour guides for the future. Yet retrospection is how a lot of real estate market analysis operates.
The US bond market – show, don’t tell.
In a play that is well acted and directed, the audience sees through the lighting, costumes, set design, stage directions and the person of the actor, however famous, to see a true or accurate representation of the playwright’s work. This is what is meant by a good production. The same is true of music. What grates the listener’s ear is the mistakes of the unpractised or unskilled musician in butchering a well-known piece.
Inflation, housing, and tariffs
High rents are caused by not producing homes where locations have value. Land rents are a transfer, not earnings. They shouldn’t be included in your price inflation analysis any more than muggings or gifts should be. I saw this interesting, short Minneapolis Fed post, and figured I owed inflation an update. Figure 1 compares core CPI inflation to core PCE inflation. CPI has run hot because housing is a larger component of the CPI.
Open ended funds: dealing with structural fragility
However, when markets are disrupted by shock events, their liquidity features can become a structural weakness. They are getting a wave of withdrawal requests. Redemptions are often suspended, in some cases for several years. When funds eventually reopen, assets sold at a later stage are frequently realised at significant losses.
A trip to the cathedral in Times Square
I am a city person and have known this since childhood when I spent miserable summer hours hoeing rows of sweet corn on Fred Peterson’s farm and my great pleasure was hitchhiking into Minneapolis to sit in the library. I read Thoreau’s Walden in high school, and in my forties, bought a cabin in the woods in Wisconsin and had no idea what to do there and gave it away and moved to New York. It was a smart move.
Property valuation and the use of artificial intelligence
I need to preface this article by declaring that I am not an archetypal grumpy 65 year-old man and that I don’t believe that how we did things before is better than how we do things now. Society and the business world are constantly changing and it how we manage that change that is paramount going forward.
The coming data war between landlords and tenants
The charts show why these matters. Scotland and London have behaved very differently. In Scotland, the gap between asking and achieved rents has widened, suggesting more friction between advertised pricing and what the market will actually support. In London, asking rents to have broadly flattened while achieved rents have moved closer, implying a more mature and constrained market.
We’re all PE now
When private assets were a smaller part of institutional portfolios, CIOs could treat illiquidity as a manageable feature of a niche allocation. That is much harder to do when private assets make up a meaningfully bigger share of total plan assets. One benchmark covering 237 global pension funds with $17.7 trillion in assets under management shows private asset allocations rising from 18.3% to 24.9% in the five years to June 2025 (Source: CEM Benchmarking).
The federal debt problem is a consequence of the mortgage moral panic
We have a housing shortage that can be described as being in crisis because our willingness and capacity to build new homes has been so far below an adequate quantity that millions of families must pay a perpetually rising portion of their incomes for housing in order to simply stay put.
The death of port has been greatly exaggerated
As you can well imagine, the wine trade is packed with many a cliché. One of the great perennials is the answer to the question as to how one makes a small fortune in said business: easy-peasy, just start with an exceptionally large one.