Here is the promised interview. It is definitely worth a listen for everyone interested in the situation of property managers and the real estate sector in general.
Timestamps:
00:00 Introduction
00:16 The year 2023
01:30 “Secondary offices suffer the most”
02:24 Turnaround in the listed market
03:23 Interest rates as the catalyst for the turnaround
05:38 Yield requirements and value declines
08:57 Market stress and redemptions
10:55 Yield gap and real interest rates
12:25 Differences in fund returns
14:12 The mechanics of return calculation
20:03 The significance of Norway
22:11 How has the “new normal” changed real estate investing?