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 stage of development in this region, it is somewhat understandable that discussions on flexible working are inevitably tenant-based. Tenants have embraced the concept and pioneered next generation principles that fall under the agile working umbrella. However, for

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?” Several hands invariably go up and the interest rates I have heard range from 10% to 17%. I ask that question both out of a morbid sense of curiosity and for the pleasure of watching smoke come

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

The Secret London Office Boom

While the press speculation over Brexit gradually mounts to a frenzy and speculation mounts over the potential damage that leaving the EU could do to London’s financial services industry, London’s economy is secretly doing surprisingly well. A lot of official regional economic data is too out of date by the time that it is released

Trade War Not all Doom and Gloom for China’s CRE

The U.S-China trade relationship has clearly entered unchartered territory. The introduction of new and retaliatory tariffs indicates that no resolution is in sight. But where commercial real estate is concerned, it is not all doom and gloom, with several factors potentially alleviating any collateral damage arising from the conflict. Firstly, China’s economy. The economic landscape

Homeownership Challenge Benefits Multifamily

Recent housing statistics suggest a cooling in the existing housing market. This is generally good news for the multifamily industry. Even in a climate of high supply (2018 completions will likely surpass 2017), multifamily demand is holding up extremely well.  The latest data from CBRE Econometric Advisors reveals that, nationally, demand is outpacing completions. The Index

Bringing the Greater Bay Area to the World Stage

Southern China is experiencing a once-in-a-century transformation. The change will be societal. The transition will be economic. The outcome will forever alter the fortunes of the internationally important, globally connected economic zone. And now, there is a catalyst… The opening of Hong Kong’s high-speed rail, officially known as the Guangzhou-Shenzhen-Hong Kong Express Rail Link, marks