A World of Integrated Services for the Real Estate Industry
Today’s real estate industry must adopt new approaches to address regulatory requirements and financial risks, whilst meeting the challenges of expanding globally and achieving sustainable growth. Ernst & Young’s Global Real Estate Center brings together a worldwide team of professionals to help you achieve your potential - a team with deep technical experience in providing assurance, tax, transaction and advisory services. The Center works to anticipate market trends, identify the implications and develop points of view on relevant industry issues. Ultimately it enables us to help you meet your goals and compete more effectively. It’s how Ernst & Young makes a difference.
Visit our Global Real Estate site for industry insights that cover the global market and our specific services to the real estate sector.
Lessons from change: the real estate (RE) industry
How can you manage your company through the recession and position yourself for growth? After interviewing thousands of RE executives, we identified some overarching themes. From increasing capital to reevaluating your business model, we reveal the lessons that could mean the difference between surviving and thriving in the new economic environment.
Considering investing in Chinese real estate?
Despite the effects of the global recession, China’s central government has indicated the financial stimulus measures (pdf, 1.4mb) introduced last year are taking hold, and the economy is expected to return to GDP growth in excess of 8% for 2009. Still, investors should balance the complexity of investing in another country against its opportunities. Read our recommended strategies to better understand the playing field.
Foreign investments continue, job creation remains a bottleneck
Belgian attractiveness barometer remains stable despite political impasse. Brussels and notional interest deduction attract headquarters With 175 new foreign investment projects in 2007, Belgium confirmed the positive trend of the past years. Despite a small downturn, Belgium maintained its position in the top 5 most attractive European countries in which to invest. Flanders continues to attract the greatest number of investments, but the gap with Wallonia and Brussels has again been reduced. More about the Belgian Attractiveness Barometer.
Global REIT markets continue to cope with the financial storm.
Asia and Europe’s public markets continue to outperform the North American REIT market. Europe and Asia saw slight gains in market capitalization amid a global market constrained by the credit crunch, according to Riding out the storm: Global Real Estate Investment Trust Report 2008, Ernst & Young's third annual Global Real Estate Investment Trust report. The total market capitalization of publicly-listed REITs around the world reached nearly US$605 billion, as of 30 June 2008, down from US$764 billion a year earlier.
