Some of the world's leading names in the international real estate community will visit the Reuters bureaus in Dubai, New York, London, Hong Kong, Singapore, and Madrid from June 14-17 to discuss the outlook for the real estate and infrastructure sector in a series of exclusives interviews. The stories and videos from the closed on-the-record sessions at the Reuters Investment Outlook will be posted online at www.reuters.com/summits.
The global real estate sector has survived three years of massive write downs and broken credit lines but now worldwide recession threatens to curtail its growth in 2010 and beyond. An investor stampede towards safe, income-producing assets has sparked rapid growth in the pricing of prime real estate but the values of lower quality property types remain under pressure and finance remains a precious commodity. Builders and developers are tiptoeing back to development projects but shallow job growth means they have no guarantee of finding tenants.
In infrastructure, divergence in economic growth and the strength of public finances between developed and developing countries are creating new opportunities and challenges for investors. Strained budgets mean governments are keener to attract private investment in the sector while the appeal of infrastructure’s inflation-linked cash flows could grow if low interest rates persist. On the other hand, the economic downturn has diminished the appetite of investors for assets exposed to GDP growth and has increased competition for regulated assets offering steady returns.
Reuters Global Real Estate and Infrastructure Summit will generate exclusive stories about these topics and more, and investable insights, as well as online videos and blog postings which can be seen at: http://www.reuters.com/summit/GlobalRealEstate10
Please note: Some live recordings of this Summit will be available exclusively through Reuters Insider - a new multimedia platform delivering relevant news, analysis and trade ideas presented through a personalized video experience. For more information, visit: http://insider.thomsonreuters.com
Our distinguished lineup of speakers for the Reuters Global Real Estate and Infrastructure Summit includes: