Shop Talk: A Conversation with Richard Barkham
Dr. Richard Barkham, group research director at Grosvenor, is the author of a book titled Real Estate and Globalisation.Richard Fleming,editor of The Institutional Real Estate Letter – Europe, spoke recently with Barkham about the reasoning behind his new book, how and why investors should consider real estate investment in the wider context, and the role of real estate in the investment world of the moment.
What was the impetus for the book? Why the emphasis on globalization?
There were two reasons. Since 1992, the world has been through a sustained period of globalization. By this, I mean that many more countries have opened up to the global trading system, global production has become more integrated, capital flows have become ever more cross-border, and culture is ever more homogeneous. The fall