"US Commercial Real Estate Recession:
Global Perspectives and Path to Recovery"
Our Capital Markets Group professionals address global real estate fundamentals and repricing in an opaque market with few trades in the US, Europe and Asia and forecast the road to recovery and drivers that need to be in place for a sustainable recovery to occur.
Webcast Speakers and Panelists include:
Frank Liantonio - Executive Vice President, Capital Markets Group
Keith Misner - Executive Managing Director, Capital Markets Group
Roger Cooke - CEO Spain & Chairman EMEA
Donald Han - Managing Director, Singapore & Head of C&W Regional Investment Group - Asia Pacific
David Hutchings - Head of European Research
Andrew Thomas - Partner, Investment - Central London
Janice Stanton - Senior Managing Director, Capital Markets Group
Megan Walters - Chief Economist Research & Business Analytics, Asia Pacific
As the epicenter of the decline, the US has been hit hardest, with Canada and Mexico feeling the consequences. However, it appears that much of South America will escape with slowdowns, not downturns. And there are other bright spots, thanks mainly to prudent construction strategies.
LISTEN to the Economic Pulse debrief by the report's author, Ken McCarthy, Managing Director, US Research Services.
For Asia, the best comparison is the 1997/1998 crisis when it took about two years for real estate returns to bounce back. The biggest problem is a lack of liquidity in the global financial system. However, Asian developers with deep pockets, private equity from the West and Middle East, pension funds and sovereign wealth funds are still interested in buying, with some on the lookout for distressed assets or a more fertile investment environment.
LISTEN to the Economic Pulse debrief by this report's author, Megan Walters, Chief Economist, Asia Pacific.