Individuals were interested in the stock market
Posted: Sun Jan 12, 2025 6:01 am
or individuals, as for companies, the implementation of teleworking has resonated like a thunderclap: no travel time, an adaptation to work by video in social, professional or personal relationships... but also more time to take care of oneself.
(the opening of securities twitter database accounts/PEAs increased tenfold and stock market transactions quadrupled) despite the volatility of the markets. They consulted a lot on the internet to familiarize themselves and hoping for good opportunities, without necessarily having sound advice. Likewise, the real estate websites of agency networks were consulted much more (+40% of flows according to a well-known real estate network). The cause was the need for space during confinement, the awareness of teleworking and therefore the possibility of moving away. The first returns show searches rather focused on houses with land, or apartments with terraces depending on the budget! For information, for 20 m² in Paris, you can aim for 60 m² in Gennevilliers with a small exterior.
We can therefore reasonably estimate that the market will not initially experience a crash-type decline; opportunities may exist (e.g.: bridging loan in progress).
The impact of the Covid 19 crisis on the company's real estate budget (and therefore by ricochet on real estate companies) will not be neutral: impact of teleworking which is expected to develop, search for smaller surface area, long live the flex office!
As for SCPIs, forecasts tend to point towards a decline in profitability (linked among other things to the % of rent collection/occupancy rate). Overall, real estate companies have been responsive in managing tenants, by communicating very widely. Profitability will suffer but this product remains, in my opinion, attractive.
The financial markets have largely reacted to this crisis; from a CAC at more than 6000 points, for specialists very overvalued, we have gone back down to 4500 points to date... with ups and downs depending on the announcements of the day. Values integrating ESG, SRI, health among others have been favored; market effect, or awareness or affirmations of value. Positive point, the consideration by market players of these characteristics in their communication.
So what are the products of the future? ESG investments, Private Equity products are developing, through opportunism... or not; SCPIs remain mostly solid, and some banks are starting to offer structured products with a capital guarantee rate of 90% for example (MILLEIS BANQUE).
How are banks and insurers emerging from this unprecedented situation? With varying fortunes, some insurers (including 1 leader) have very poorly managed business interruption coverage, and in general, bankers and insurers have realized how essential digitalization has become and that the delay was penalizing. A big plus for online banks, particularly for credit, but also for life insurance contracts. On the latter, second month in a row of outflows, surely linked to the lack of advice, and the difficulty in managing one's actions online.
(the opening of securities twitter database accounts/PEAs increased tenfold and stock market transactions quadrupled) despite the volatility of the markets. They consulted a lot on the internet to familiarize themselves and hoping for good opportunities, without necessarily having sound advice. Likewise, the real estate websites of agency networks were consulted much more (+40% of flows according to a well-known real estate network). The cause was the need for space during confinement, the awareness of teleworking and therefore the possibility of moving away. The first returns show searches rather focused on houses with land, or apartments with terraces depending on the budget! For information, for 20 m² in Paris, you can aim for 60 m² in Gennevilliers with a small exterior.
We can therefore reasonably estimate that the market will not initially experience a crash-type decline; opportunities may exist (e.g.: bridging loan in progress).
The impact of the Covid 19 crisis on the company's real estate budget (and therefore by ricochet on real estate companies) will not be neutral: impact of teleworking which is expected to develop, search for smaller surface area, long live the flex office!
As for SCPIs, forecasts tend to point towards a decline in profitability (linked among other things to the % of rent collection/occupancy rate). Overall, real estate companies have been responsive in managing tenants, by communicating very widely. Profitability will suffer but this product remains, in my opinion, attractive.
The financial markets have largely reacted to this crisis; from a CAC at more than 6000 points, for specialists very overvalued, we have gone back down to 4500 points to date... with ups and downs depending on the announcements of the day. Values integrating ESG, SRI, health among others have been favored; market effect, or awareness or affirmations of value. Positive point, the consideration by market players of these characteristics in their communication.
So what are the products of the future? ESG investments, Private Equity products are developing, through opportunism... or not; SCPIs remain mostly solid, and some banks are starting to offer structured products with a capital guarantee rate of 90% for example (MILLEIS BANQUE).
How are banks and insurers emerging from this unprecedented situation? With varying fortunes, some insurers (including 1 leader) have very poorly managed business interruption coverage, and in general, bankers and insurers have realized how essential digitalization has become and that the delay was penalizing. A big plus for online banks, particularly for credit, but also for life insurance contracts. On the latter, second month in a row of outflows, surely linked to the lack of advice, and the difficulty in managing one's actions online.