Our Library
A collection of reports and studies that have been published by a variety of sources, which discuss the issues that are relevant to the investment landscape for Net de Gerrers.
GLObal real estate perspective - highlights - JLL (2020)
JLL's report on cross-border investor real estate activity indicates that global transactions declined ~ 29% in 1H20. During the same period EMEA's decline was less severe, contracting only 13%.
The long-term trend of increasing allocations to private real estate remains intact. Institutional investors are currently focused on defensive sectors such as multi family, data centers and logistics where the EMEA vacancy rate is at 12 year low and is ~ 50% lower than the global rate.
WORLD ECONOMIC OUTLOOK: CHAPTER 1 THE GREAT LOCKDOWN - IMF (2020)
The IMF report outlines how strong multilateral cooperation is essential to overcome the effects of the Covid-19 pandemic, by helping financially constrained countries facing twin health and funding shocks, and for channeling aid to countries with weak health care systems.
aN INSTANT ECONOMIC CRISIS: How DEEP AND HOW LONG? - Mckinsey & company (2020)
McKinsey’s report analyses and tracks the data of the effects of the Coronavirus pandemic in the west. It includes scenarios for the economic impact of the COVID-19 crisis and measures being put in place to limit the pandemic’s deadliness, that will remain in effect in many countries for weeks if not months to come. Economic recovery can only follow the recovery of public health.
a turning point for real estate investment management - Mckinsey & company (2019)
McKinsey’s report discusses the evolving landscape for private real estate and the impact of shifting capital flows on both institutions and investment managers. More than $3 trillion is invested in this asset class yet the sector continues to enjoy a structural tailwind as LPs remain underweighted relative to their long-term targets. Investment strategies are increasingly global as cross-border capital flows reflect greater confidence about the ability to successfully navigate foreign markets.
Latin America’s missing middle - Mckinsey global institute (2019)
McKinsey’s report presents a comprehensive assessment of the economic challenges facing Latin America. It discusses the regions two “missing middles”: a missing tier of midsize companies that could create better-paying jobs and ignite a stronger competitive business environment, and a missing burgeoning middle class of consumers whose spending and saving could fuel domestic demand and investment. The study also highlights the opportunity to reboot inclusive growth by harnessing the forces of digital technologies, as some entrepreneurs in Latin America are already notably starting to do.
eSports: From Wild West to Mainstream - Goldman Sachs (June 2018)
eSports are at the intersection of some powerful demographic and technological trends as live streaming and growing prize pools are accelerating the growth of the global gaming audience. Looking ahead, Goldman sees numerous public and private investment opportunities that will benefit from the industry’s continuing evolution. The requisite infrastructure for increasing audience reach and monetizing these secular developments is being built and will ensure that eSports continues to transition from the “Wild West” of sports to a full-fledged professional sport.
Private equity trend report 2019: Powering Through Uncertainty - PWC (2019)
PwC’s survey of European private equity trends analyzes industry fundamentals and provides a perspective on deal volumes, dry powder, valuations, and exit trends. As the consistently best performing asset class, PE continues to attract fresh capital. Accordingly, multiples and entry prices continue to rise, and GPs are diversifying into credit, real estate, and infrastructure. Nonetheless, PwC believes that the PE market remains intact but GPs must be increasingly focused and innovative in their strategies to create value in portfolio companies.
Global Private Equity Report - BAIN & COMPANY (2019)
Bain discusses the challenges for GPs and the deal constraints, which have resulted in the number of transactions remaining stubbornly flat at ~ 4,000 for the past 10 years. GPs cite the same challenges they have faced for years: high deal multiples, a dearth of attractive targets, and stiff competition. Accordingly, GPs are clearly hungry to do more deals. But when they find attractive assets, they consistently encounter aggressive corporate buyers, who are “strategic” and are willing to push up auction prices in order to advance their corporate objectives. Nonetheless, the dry powder held in buyout funds today represents 3.0 years of investment versus 4.6 years in 2007 - 2008. This duration is well below the buyout industry’s typical five-year investment time frame, suggesting that GPs have time to get unspent capital into the market.
Global Future of the Luxury Goods Industry - Deloitte (2018)
This report discusses key trends shaping the luxury goods market and provides a perspective on the new drivers of luxury sales growth. Looking forward, growth will be increasingly driven by Millennials and Generation Z shoppers, who seek a personalized shopping experience that seamlessly integrates both online and offline platforms. Luxury companies are keeping a close eye on this emerging consumer class, i.e. HENRYs (High-Earners-Not–Rich-Yet). Significant investments are being made to capture the attention of these tech-savvy generations. They look for individualized, seamless brand relationships and luxury companies are committing resources to support digital marketing and to more fully engage these consumers with social media.