As the real estate industry looks to learn from the fallout of covid-19, one issue which should be at the top of the list is to recognise the glaring mathematical limitations in the traditional performance measurement models. Engineering a solution is important; as with high value thresholds and illiquidity, investment decisions cannot be easily changed […]
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker will reflect on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal […]
Floating on a sea of money, will asset prices eventually sink – or make landfall on the solid ground of economic recovery? Global equity markets have performed pretty well in the year to date, even as the world’s major economies are only slowly rebooting from Covid-19. Over the eight months to late August, as we […]
Here at CBRE Global Investors we are knee-deep in our semi-annual ‘global house views’ process, where we update all our real assets forecasts, risk-adjusted returns, model portfolios and preferred strategies. In the pre-covid days, the process started with a comprehensive set of national to sub-market macro-economic forecasts. But now, we have to start with a […]
This article was originally published in November 2019. From blue-chips like Damien Hirst to rising stars like Sterling Ruby, these are the names whose values are on the rise. The global art market reached $67.4bn in 2018 and has grown exponentially in the last two decades. Investors see increasing value in diversifying their portfolio to […]
The late Anwar Sadat, when president of Egypt, called 1973 his autumn of destiny. I call 2020 my autumn of destiny because four of the world’s top software/fintech will go public in IPOs in Hong Kong or New York. Each of these IPOs will be fabulously profitable for investors who are able to get allocations […]
An era of globalisation that boosted economic growth in developing countries for many years is shifting to an era of deglobalisation with increased protectionism. Many success stories in the recent decades have followed upon growth in trade and exports. The big four developing economies of the 20th century are Brazil, Russia, India and China, collectively […]
The superforecasters of the Good Judgement Project believe there is a 93% probability we will have an FDA-approved vaccine in a year, and enough of it to inoculate 25 million people in the US. This is up from just 20% in the dark days of April. A widely available vaccine is the most important hurdle […]
Certainly, some advances have been made in the residential sector, where agents are interested in selling more properties to private outfits – ImmoScout24 , Rightmove and idealista are just some platforms. But Rightmove, for example, was started 20 years ago. For residential homeowners it has also become standard to search and compare mortgage offers online via […]
There is talk that working from home has become so ingrained and old working arrangements so untenable in this new, socially distanced world that it will force city-centre offices to repurpose. When I hear such a claim that office blocks will have to convert to residential or be left unlet and economically idle, I imagine […]
