By Cleo Folkes As many high street stores find themselves closing their doors permanently, we hear that landlords increasingly worry about covenant strength. What is it exactly that they worry about? In property you often hear the word covenant strength when people talk about a tenant or the quality of an investment property or real … Continue reading What is covenant strength and why does it matter?
The Economic and Human cost of Furlough and Redundancies
The job retention scheme, or furlough, has amounted to an astronomical cost to the government with the second furlough at approximately £6 billion per month, £200,000 per day and a total of £41.4 billion as at 18 October 2020 to the economy (figures from HMRC). Let us also not forget the staggering human cost that … Continue reading The Economic and Human cost of Furlough and Redundancies
Financial Modelling – What, Why & How?
At Cambridge Finance we train professionals in the construction, development and analysis of financial models. We believe this is a hugely valuable skill in real estate and the financial industries. Why? Please read further. What? Before delving into why we need financial modelling, let us first look at a definition. A financial model is a tool (typically … Continue reading Financial Modelling – What, Why & How?
How has Covid shaped property design?
Coronavirus has had a marked affect on how people want to spend their work and leisure time and has shifted priorities for building design. Gardens, recently seen as a nuisance and best avoided by some, are now sought after for the offer of private open air space and open plan is falling in popularity as … Continue reading How has Covid shaped property design?
Demystifying real estate financial models
Real Estate financial models are mainly spreadsheets used extensively as an aid in decision support in the areas of property investment and lending. These spreadsheets will ascertain the present value of a stream of cash flows and generate risk / return ratios. How do I create a real estate financial model? Being proficient in real … Continue reading Demystifying real estate financial models
Are REITs real estate?
Firstly, REITs, or Real Estate Investment Trusts, are companies that own and manage real estate. Therefore, owning shares in REITs is a way for investors to access the risks and rewards of holding property assets without having to buy and manage property directly. REITs typically pay out all of their taxable income (90% in the … Continue reading Are REITs real estate?
What is the value a REIT?
What’s the value of a listed real estate asset? Our belief is that as markets trade on disagreements about the value of assets, the valuation process should be a crucial point in any investment course.