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Building your business future

Global real estate owners, users and investors need to meet changing regulatory requirements and reduce financial risks to achieve sustainable growth.

Our Global Real Estate Center gives us an international perspective on the industry, and facilitates the collaboration that helps you solve your business issues and achieve your potential. Our extensive network of dedicated professionals offers entrepreneurial thinking and deep technical experience.

In working with you, we draw on our industry knowledge and insights, as well as our understanding of your business, to provide relevant assurance, tax, transaction and advisory services.

You benefit from a consistent, seamless, high-quality service, which helps you compete more effectively and meet your goals — wherever you are in the world.

Key trends to watch in the hospitality sector

We are pleased to offer a number of hospitality reports that cover everything from the emerging lodging markets to the acquisition of existing hotels to developing new properties. See how investment activity across most regions of the world is driving unprecedented change and learn more about the sentiments of our Hospitality Advisory Services Group regarding future industry dynamics.

Hospitality top 10 thoughts to watch in 2008

The credit crunch, a weak US dollar, new construction, green building, globalization and rapidly shifting demographic trends in the US are just some of the key trends that are likely to impact the hospitality sector. Read more on how investors are turning their attention to global markets (pdf, 153kb) for sourcing hospitality investment opportunities.

Latin America attracts global investors

With its large and growing population, strengthening economies and increasing affluence, Latin America is emerging as an alternative investment market (pdf, 293kb) to the US and Europe. Read our report, “Exploring new opportunities” to better understand the challenges global investors are facing not only in identifying opportunities, but also in executing deals in this emerging market.

Strategic business risk real estate 2008

What strategic challenges are likely to affect the real estate industry in 2008 (pdf, 552kb)? We analyze 10 of the most critical risks, including the shakeout of real estate finance, regulatory and compliance concerns, and the rise of private equity. We also look at risks currently ‘below the radar’ that may be topping risk tables in the years to come.

2008 real estate market outlook

In the wake of 2007’s dislocation of global credit markets and the ongoing deterioration of the mortgage industry, this report outlines some key global trends (pdf, 274kb) affecting the real estate sector and a look at the year ahead. Highlights include the expansion of global capital to sovereign funds outdoing their private equity rivals to the inflow of capital into infrastructure investments.

Global real estate newsline

As the subprime mortgage market continues to worsen and the dollar indicates further signs of weakness, the London Stock Exchange’s Alternative Investment Market is proving to be a magnet for investors worldwide. This issue of newsline reports on the shifting strategies of market participants and some potential scenarios lenders, securitizers, and investors are likely to encounter over the next few years.

US infrastructure problems edge towards crisis proportions

The United States' infrastructure problems could reach crisis proportions in the next 10 years if steps are not taken to attract more private capital or overhaul the nation's antiquated regional infrastructure planning process. "Infrastructure 2008: a global perspective", written by the Urban Land Institute and sponsored by Ernst & Young, closely examines the challenges the US faces along with its funding gap for infrastructure projects.

Real estate IFRS financial statements survey 2007

Our survey examines the most recent financial statements (pdf, 313kb) of 25 property companies in Europe, Australia, and Asia reporting under IFRS. Key findings reveal almost unanimous adoption of the fair value option in IAS 40, the application of cash hedge flow accounting, and a mixed approach to goodwill. Read more analysis of how real estate companies are reporting their annual statements.

Goodwill hunting

Many property investors find their reported profits lowered because of clashes between IFRS standards on deferred tax and business combinations. Read our analysis of the issue and how we suggest entities could approach their accounts to minimize the write down of goodwill against profit (pdf, 375kb).

Turn our industry focus to your advantage.

Global Real Estate Center


Learn more about our industry focus by visiting the Global Real Estate library.



Ed Psaltis
Transaction Advisory Services – REIT Sector
Ernst & Young Australia
+61 2 9248 4485

Michael G. Frankel
Global Director of REITs
+1 214 969 0632

Jill Maguire
Global Real Estate Center
+1 212 773 4343

Ernst & Young refers to one or more of the member firms of Ernst & Young Global Limited (EYG), a UK private company limited by guarantee. EYG is the principal governance entity of the global Ernst & Young organization and does not provide any service to clients. Services are provided by EYG member firms. Each of EYG and its member firms is a separate legal entity and has no liability for another such entity's acts or omissions. Certain content on this site may have been prepared by one or more EYG member firms.