THE INTERNATIONAL PERSPECTIVE – HOW DO GLOBAL INVESTORS VALUE RISKS AND OPPORTUNITIES IN THE ITALIAN REAL ESTATE MARKET?
More than 70% of the real estate investments in Italy in 2017 was carried out by foreign investors. The importance of international capital for the Italian real estate market is increasing year on year. It is therefore of fundamental importance to understand the views of foreign investors on the Italian real estate market. Is there enough stock? Does the available product comply with the expectations of international capital? Which impact does the new government have on the political risk assessment? Will there be foreign capital to fund real estate developments? How do the international banks see the Italian covenant? The fifth edition of Quo Vadis Italy focused on the international perspective on the Italian real estate market. Seven panels with thirty five panellists from leading international investors, banks and asset managers shared with the audience their views on the Italian real estate market and the investment climate in Italy. International capital in Italy – will the interest continue to grow or are we at a turning point?
Please click on speaker thumbnails below to view bios.
Equity Group Investments
Sam Zell is the Chairman of Equity Group Investments (EGI), the private investment firm he founded more than 40 years ago. The firm's investments span industries and continents and include interests in finance, energy, transportation, communications, health care and real estate. Mr. Zell is recognized as a founding father of today's public real estate industry after creating three of the largest REITs in history.
He is also Founder and Chairman of Equity International, a private investment firm focused on building real estate-related businesses in international emerging markets. Mr. Zell has been particularly active in bringing Equity International's companies to the public markets.
Three of these investments are listed on the New York Stock Exchange: Gafisa, a leading homebuilder in Brazil; Xinyuan, a fast-growing regional homebuilder in China; and Homex, Mexico's leading homebuilder. A fourth, BR Malls, Brazil's largest retail property owner and operator, is listed on the Bovespa.
Equity, debt, alternative assets - Strategic asset allocation in a global market characterized by low returns, rising interest rates and political uncertainties
Flat income tax, guaranteed minimum income, shadow currency – can Italian real estate values resist in times of radical political change?
European, US or Asian Capital – who has the best cards to play?