Summit Notebook

AUDIO – The “new normal” in real estate?

June 22, 2009

Not a lot of goodness and cheer in the real estate industry these days.

In the first day of our annual Reuters Real Estate Summit, our first few guests were not seeing a lot of the so-called “green shoots” that other parts of the U.S. economy are supposed to be seeing.

No LUV for China real estate, SOHO says

November 6, 2008

China’s real estate sector has a chilly winter ahead, said Pan Shiyi, chairman of Beijing property developer SOHO China Ltd. And he had interesting, alphabetical way of describing it.

Khrushchev’s legacy lives on Russia real estate market

September 8, 2008

pisarev.jpgThe chief executive of Russian developer PIK Group sees one guarantee of his future success in an emergency decision made by the Soviet government of Nikita Khrushchev in the 1950s. Back then, tens of thousands of cramped communal flats were unpacked and whole families residing in single rooms were resettled into their own bright and new flats in hastily constructed five story kit buildings which came to be known as khrushchevki. 

Audio – The waiting is the hardest part

June 24, 2008

holliday1.jpgFor Marc Holliday, chief executive of SL Green Realty Group and Gramercy Capital Corp, the Tom Petty lyrics ring especially true.

Audio- Brittle China developers an opportunity for funds

June 24, 2008

David EdwardsLaSalle Investment Managers said its assets under management in Asia could double in the next three years and added it is considering investing in India for the first time. LaSalle Investment holds about $11 billion in Asia property assets under management, and plans to make $10 to $15 billion worth of deals in the next years.

Audio – AMP Capital on what’s hot in Japan

June 24, 2008

AMP Capital Investors said it was planning to boost its investments in Asia properties to A$16 billion ($15.3 billion) and will start by doubling the S$300 million ($220 million) in Singapore industrial assets it has already bought.

Audio – Hope you like vanilla

June 23, 2008

vanilla.jpgPlain vanilla, in the box, straight financings are the future, or at least near future, of real estate deals, says Marathon Asset Managing Director Scott Schwartz.

Audio – Bubbles are fun — for awhile

June 23, 2008

schwartz.jpgSure thing, kids LOVE the bubbles. The blowing, the running around, the popping.

Audio – I’ll take Manhattan

June 23, 2008

Scott Latham, one of the most powerful commerical real estate brokers in New York, says that Chinese investors are making approaches to buy Manhattan properties.

Audio – The hits just keep on coming!

June 23, 2008

latham1.jpgSo much has already been said and written about the bursting of the U.S. real estate bubble, one might make the mistake of thinking that a widespread rebound is right around the corner.