Real Estate Issues articles from September 2002

Real Estate Issues archives from September 2002

Editor's statement.
September 22, 2002... Harvard paleontologist Stephen Jay Gould loved to write and lecture on the themes of diversity and adaptation in the natural world. These qualities characterize our economic world, and the place of real estate, just as fundamentally as they do...

Editor's statement.
September 22, 2002... The Global Cities Conference at Harvard Design School occurred almost exactly one year after 9-11. Up to the day of the conference, we along with our partners in the conference, the Royal Institution of Chartered Surveyors, the RICS Foundation...

Global Cities in an Era of Change: an International Real Estate Symposium.
September 22, 2002... Sponsored by Harvard Design School The Counselors of Real Estate September 4-6, 2002 Royal Institution of Chartered Surveyors How Can Cities of the World Compete for Capital and Economic Vitality? Harvard University...

The commentator's perspective: Global Cities In An Era of Change. (Commentary).
September 22, 2002... On September 4--6, 2002, art international real estate symposium on the subject "Global Cities In An Era of Change" was held at Harvard University. The purpose of the symposium was to create a broad understanding of the urban landscape and the...

Servicing the Global City. (Commentary).
September 22, 2002... Remarks from the Global Cities Symposium Harvard University, September 6, 2002 Necessary but riot sufficient" is how the relationship between oxygen and fire is often described, and the characteristics of great global cities fall into the...

Global Cities in an Era of change, a commentary. (Commentary).
September 22, 2002... I wanted to fast-forward technology and globalization trends and start to understand what these trends meant for me, for Boston. Was I still in a world-class city, and was I ever in one? I was looking for take-home that might serve me later...

Strategies for managing urban growth and revitalisation. (Commentary).
September 22, 2002... Remarks from the Global Cities Symposium, Harvard University, September 5, 2002 Thank you so much for inviting me to take part in this important seminar. It's great to have the opportunity to visit this eminent centre of learning and...

"With a little help from our friend". (Focus on the Economy).
September 22, 2002... The previous three columns in this series looked at the contribution of the consumer, government, and private investment to the growth of the U.S. economy. There is one other very important element to consider, and that is the relation of the...

The dawning of a new era for commercial real estate investment. (Focus on Investment Conditions).
September 22, 2002... The last 18 months have been arduous for even the most resilient among us. A recession, the September 11 terrorist attacks with continuing threats of terrorism, corporate accounting scandals and company bankruptcies, the tumbling stock market,...

Globalization is key to real estate industry growth. (Focus on Commercial Real Estate).
September 22, 2002... Put "global" in front of some words and the connection makes sense: global economy, global capital markets, global entertainment, or global sports. As for a global real estate market, it hasn't arrived--yet. What exists is mostly a patchwork of...

Benefits and issues in Global real estate investing: a review of the research. (Focus on the Economy and Real Estate).
September 22, 2002... Over the last two decades deregulation, growth, integration of financial markets, and significant political and economic reforms around the globe have propelled a dramatic increase in international investments. The level of international...

Reflections in an international eye. (Focus on Legal Issues).
September 22, 2002... Just how is foreign investment in U.S. real estate doing these days, especially when compared to, say, 25 years ago? Not all that well, I'd guess (or to look at it from another standpoint, not all that badly, since such investment is far...

Cross border Capital Flows-perspectives from a mixed asset protfolio investor. (Applications).
September 22, 2002... One of the clearest points made during the Capital Flows session at the Global Cities conference was the abundance of capital pouring into real estate to escape unattractive return prospects in other asset classes such as stocks and fixed...

Counseling in an Era of Change. (Applications).
September 22, 2002... In reflecting upon the theme Global Cities in an Era of Change, the first thought that struck me was that there is not really a lot new here. After all, there have been, (relatively speaking at least) "global cities" for thousands of years. And...

Even in Global Cities, think locally. (Applications).
September 22, 2002... Returning from the Global Cities in an Era of Change conference at Harvard University, I considered some consequences for the city and county of Sao Paulo. Imagine, for instance, would be the organization of District Councils or Zone Councils,...

Partnerships in Global Real Estate. (Applications).
September 22, 2002... At the "Global Cities in an Era of Change," International Real Estate Symposium, September 4-6, 2002 held at Harvard University, how to manage risk over diversified real estate pools was a much discussed topic. The main division was over single...

Deconcentration: a strategic imperative in corporate real estate.
September 22, 2002... Since the Industrial Revolution, work has been concentrated in specific sites and facilities. The resulting workplace model--often defined in modern corporations by large, monolithic buildings in fixed locations--benefited employers and...

International real estate investment risk analysis.
September 22, 2002... The late 1980s and early 1990s marked a burgeoning interest in international estate investment among United States institutions. Many investors believed that investment in international real estate could enhance overall performance by...

World winning cities--the next generation.
September 22, 2002... INTRODUCTION--CITY COMPETITIVENESS AND REAL ESTATE Cities are the framework of society, and their continuing existence has become an unquestionable part of world order. They provide the canvas for most real estate market activities, and...

Global Cities Symposium: the Global City today.
September 22, 2002... This article is based upon the talk given at the Global Cities conference in Boston, Ma, in September 2002. It looks at how we measure cities and the impact of Asia-Pacific on urban change. What is the role of cities today and are urban regions...

Where did the "Wither Away" go?
September 22, 2002... Several years ago this journal published an article of mine entitled "Wither Away Office Space as We Know It Today?" (1) The concern in the article was with the potential impact of the developing information technologies on office space....

Emerging global cities: comparison of Singapore and the Cities of the United Arab Emirates.
September 22, 2002... Globalization processes and responses to them have important consequences for the growth and development of cities. This, however, is not a uniform process. The outcome at the regional and local level is highly path-dependent on inherited...

Outlet malls on the horizon--a view from the Middle East.
September 22, 2002... The shopping center market in The Arabian Gulf Co-Operation Council member states (Bahrain, Kuwait, Oman, Saudi Arabia, Qatar, and United Arab Emirates) has reached a level of maturity that is commensurate with the U.S. and European Union. So...

Commercial real estate in Dublin 2003-after the boom.
September 22, 2002... SECTION 1 INTRODUCTION AND MARKET CONTEXT The demand for commercial real estate in the Dublin market in recent years has been driven by several main factors--continued strong growth in the general economy, high levels of inward...

Non-performing loan resolution in China. (Journal of Real Estate Portfolio Management).
September 22, 2002... Executive Summary. China, like with other Asian countries, is closely following the approach used by the United States through the formation of the Resolution Trust Corporation (RTC) to resolve its non-performing loan problem. The purpose of...

The growth and performance of international public real estate markets. (Journal of Real Estate Portfolio Management).
September 22, 2002... Executive Summary. This paper looks at the growth in size of public capital markets around the world and analyzes the returns that have been achieved. Monthly data from Global Property Research (GPR) for periods 1984 through 2002 mid year is...

Impact of the internet on international real estate office markets. (Journal Of Real Estate Portfolio Management).
September 22, 2002... Executive Summary. The present study examines the impact of the Internet on the real estate office market through a survey of real estate professionals in traditional companies in Boston/U.S. and London/U.K. This survey captures professionals'...