As risk appetites wane and profit expectations decline, a greater focus is likely to be on fees. Everyone is happy when everyone is making money; the tougher discussions come when the profits dry up.
Family offices exist for the purpose of investing and managing funds to sustain the family’s long-term wealth and prosperity. The wealth controlled by billionaires worldwide is estimated to be roughly US$9 trillion.
While the serviced-office sector has existed for decades, over the past 10 years or so since the global financial crisis, flexible-office space has leaped to the forefront of the world’s leading office markets and mushroomed in key cities around the world.
Risk caused by climate change is an important concern for investors in commercial real estate. In a recent paper, Climate Risk in Private Real Estate Portfolios, examines the risks that a changing climate may have on real estate portfolios.
2019 marked the production of the 10th edition of our annual Visions, Insights and Perspectives (VIP) Conference series, which since its inauguration has been hosted in the Americas, in the Asia Pacific region and in Europe.
There is an urgent need for the construction sector to digitise in the face of rapid urbanisation and the growing threat of climate change.
Although investor allocations to Asia Pacific real estate remain strong, the region will endure a cautious 2020, as geopolitical concerns, anaemic economic growth and the lower-for-longer interest-rate environment will test the region’s solid fundamentals, according to Savills Investment Management.