Large Asian economies have continued to grow through one of the worst global recessions; nonetheless office markets will take time to absorb the supply coming on stream given the weaker rate of tenant demand.
For more insight, LISTEN to Megan Walters' podcast.
The best that can be said about the current environment is that it won’t get any worse, and is more likely to show improvement sometime in late 2009. For the Americas’ real estate markets, which tend to lag economic performance, this means a recovery is likely in 2010.
For more insight, LISTEN to Ken McCarthy’s podcast.
Our Global Consulting experts take a look under the hood of the proposed replacement of FAS 13- "Accounting for Leases." The standard would replace all obligations considered to be operating leases with capital lease treatment. This would result in a vast and significant shift in financial statement presentation and financial metrics across all industries. This business briefing examines key aspects of the proposed standard and how it could potentially affect the decision-making process for commercial leases.
"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