Publications

- June 1, 2012: Vol. 6, Number 6

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A Conversation with Borja Sierra

by Richard Fleming

As deal facilitators, brokers and consultants are at the heart of the real estate investment business. This business is local and global. Local, because on-the-ground market knowledge forms a key component of a deal’s structure; global, because there is an army of expert investors out there seeking real estate investments that meet their requirements, whether diversification, risk-adjusted returns, stable income or — ideally — a combination of the three. Editor Richard Fleming spoke recently with Borja Sierra, CEO, continental Europe, at Savills, based in London, about real estate markets across Europe; the pressures and uncertainties caused by fiscal austerity, rising unemployment and the continuing rumblings of the euro zone sovereign debt crisis; the risks inherent in th

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