WEEKEND PAPERS: Property companies in Europe are calling for a relaxation of Solvency II rules limiting investment by insurance companies in real estate.
Such a move could mean a dramatic increase in capital flows. The European Public Real Estate Association estimates that the value of the FTSE Epra/NAREIT Europe index could double to €500m if the rules were eased.
Epra would like the capital weighting on listed property investments cut to 25% from 39%.