The Money Talks: The Global Financial Crisis Casts a Shadow on Commercial Real Estate but Invigorates Investment Discussions
The inaugural Editorial Advisory Board meeting of The Institutional Real Estate Letter – Asia Pacific was held 4–6 November 2008 in the midst of an unprecedented global economic crisis — the Big Bang, if you will — that has demonstrated the interconnectedness and interdependence of countries around the world in a way hard to imagine just a year ago. With ears still ringing from the Bang, Asian institutional property investors, investment managers and consultants met in the picturesque ancient capital city of Kyoto, Japan, to discuss concerns, investment plans and ideas about moving forward across an expanding global investment landscape rife with increasing uncertainties.
On the investor side, the Editorial Advisory Board members at the meeting included three public plan sponsors and one representative each from corporate, family office and insurance company plan sponsors. Collectively, the plan s