Transition to higher inflation: Our four phase model for property values
We expect the global rise in inflation to be more than just a short-term cyclical phenomenon. Rather, we are in a transition process to structurally higher inflation rates and interest rates. The favorable macroeconomic environment that has characterized the [...]
Exporeal 2022: Beyond “We are on the sidelines”.
Finally, it could take place again in the usual setting, as before Corona: the Exporeal, the largest and most important real estate conference in Europe. The joy of seeing each other again was evident be it refreshing former connections from [...]
Structural opportunities amid weaker capital markets: A look at technology-enabled health care
By Dr. Carri Duncan and Zoltan Szelyes Carri is Managing Partner at Karaktero, an advisory and capital services consultancy catering to Healthcare and Technology industries. Contact info: carri[dot]duncan[ät]karaktero[dot]net Zoltan is CEO and owner of Macro Real Estate, a research [...]
Happy Birthday Macro Real Estate: Looking back at the first two years
Two years ago, I decided to set up Macro Real Estate. The decision to have an entrepreneurial setup was not an easy one after having spent more than 16 years in corporate environments at CS and SNB. But I believed [...]
Key take-aways from Singapore
I had the opportunity to spend a week in Singapore for meetings and the ANREV conference for the first time since the Corona crisis and I have some key takeaways: I see the most significant potential for real estate [...]
Remember 1974?
We see some parallels but also differences between today's situation and the first oil crisis in 1974. We examine the development of real estate returns between 1970 and 1999 in the context of key macroeconomic variables: What macroeconomic effects [...]
Higher interest rates in Europe: What do financial markets tell us?
We deliberately have taken our time to write a new comment, as the Russian invasion in the Ukraine has also shocked us . But especially in such difficult times, it is Macro Real Estate's task to analyze the effects [...]
Macro Real Estate has been highlighted in the REFI newsletter
Macro Real Estate has been highlighted in the Real Estate Fund Intelligence newsletter after an interview of Macro Real Estate CEO Zoltan Szelyes with Yulia Sharkova from Withintelligence, a platform publishing the REFI newsletter. We are now also part [...]
Perspektiven für Schweizer Immobilienanleger für die «Post-Corona Zeit»
Überhitzte Agios auf Fondsebene und japanische Zustände aus den 80er Jahren im Direktmarkt prägen das aktuelle Bild für Neuanlagen in Schweizer Wohnimmobilien. Aufgrund eines veränderten globalen makroökonomischen Umfelds sehen wir akuten Handlungsbedarf. Die Analyse des Immobilienportfeuilles auf Anfälligkeiten und [...]
