Should Real Estate Investors Worry About The Stock Market Plunge?

The Dow Jones Industrial Average (DJIA) finished 2018 down 3.5% and lost 13% of its value between October and December alone—its worst annual performance since 2008. The downturn rippled through world equity markets. Should real estate investors be worried? Yes, but only if policy makers overreact. There have been two instances in the past 30

Reshoring The Offshorers

Imagine the world in 10 years in time. With the benefit of hindsight, what will economists, manufacturers and policymakers recall as the defining geopolitical issue of 2018? Rising rates, and volatile equity markets maybe, but chances are the trade relationship between China and the United States would feature prominently in medium-term memories. Rising trade tensions

New Rent

While in Downtown Los Angeles a few weeks ago, I saw a large sign—like an oasis in the desert—for Dunkin’ Donuts coffee at a subway stop. Instinct took over and I followed the sign’s directions down into the station, but alas there was not a Dunkies to be found. Taking revenge, I went to Starbucks.

A Tale Of Two Stress Tests

You don’t often associate an “I told you so” moment with the release of a banking stress test, but I definitely experienced one of those after reading the recent findings of the Bank of England. Frankly, I had spent the previous few weeks scratching my head after reading the headlines following the European Banking Authority

Capital Needs to Go Somewhere. Where are the Opportunities?

Following a robust H1 2018, there is some concern that the global economy has cooled and that this portends a less favorable investment environment in 2019. In fact, global GDP is likely to have achieved above-trend growth (3.7%) in 2018 and will decline only a little to 3.4% in 2019, despite a backdrop of political

Emerging Market CRE Strategies in the United States?

During a recent meeting with a large Canadian pension fund advisor, Kansas City—not normally identified with prime real estate investment—became the focal point of an “emerging markets” strategy the advisor was developing for a client from Singapore. In retrospect, foreign capital interest in Kansas City is not surprising since yields in major global markets have

Investors Are Getting More Flexible

Across Asia Pacific, conversations surrounding flexibles space are typically one-sided and largely concentrate on coworking. Given the current

Investors Embrace APAC Debt

Given the centrality of the property market to the Chinese economy, mounting developer debt has understandably become an undercurrent for investor concern. With this very real scenario unfolding, many are asking why are debt solutions rising in prominence in China and across Asia Pacific, and attracting broad investor interest? While just two percent of renminbi

Volcker Rules!

During many of my presentations, I ask the audience “who got a home mortgage in the early 1980s?”

The Korea Conundrum

South Korea is a paradox in the world of commercial real estate. On one hand, it hosts a world-class e-commerce and logistics framework under its belt. On the other hand, there lies a question mark next to the stagnation in its real estate market in the past few years. Throughout the course of 2018, we’ve