Global property investors have piled back into the sector in 2011, plunging cash into the emerging markets of Asia, stoking worries of overheating, and have chased core assets in key U.S. and European cities, causing demand to outstrip supply.
Either side of the Atlantic, uncertainty over capital adequacy-minded banks' plans to sell troubled property assets -- such as RBS' 1.6 billion pounds ($2.6 billion) project Isobel -- continue to cast a pall over recovery prospects.
Global Real Estate and Infrastructure Summit industry leaders will discuss the chief stumbling blocks facing the commercial property sectors of Europe, United States and Asia, and how it affects their investment decisions.
Property investors are uneasy about the global funding gap, which consultancy DTZ said totaled about $202 billion, while a slew of insurers, pension funds and private equity houses have entered the debt market, replacing the hitherto dominant banks.
Post a Comment