AlphaReal interviewed 100 pension fund investment professionals in Europe. Two-thirds were based in Germany and the Netherlands, with the balance spread across Northern Europe. More than half of the respondents were multi-billion AUM pension funds.
European Commercial Ground Rents
Commercial Ground Rents (‘CGR’) provide investors with index linked cashflows that have bond-like characteristics and offer property owners an attractive form of long-term finance. The parties to a CGR are akin to a borrower and lender, although the relationship is governed by a lease not a loan.