Funds need to get smart: Why the future is in residential, not retail, assets Why the future is in residential, not retail, asse Austrian-born architect Victor Gruen is widely recognised as the father of the modern shopping centre, designing the first purpose-built outside shopping mall called Northland Mall near Detroit in 1954. The post-war economic boom allied to the rapid rise in consumerism saw shopping centres become a global phenomenon. Such was the success of the Austrian-designed, American-born [...]
Investing in property? Make sure you’re doing it properly Mark Twain once quipped: “Buy land, they’re not making it anymore.” For many investors, the finite nature of land translates into making property a safe, steady investment that diversifies a portfolio. As ever in life though, if only it were so simple as just buying the asset – whether that is a building, an aircraft [...]
