The Corona pandemic and the measures to contain it have sent the world economy into a deep recession and disrupted real estate markets and capital flows. Investors are carefully monitoring how the economic recovery evolves as the full impact of the crisis becomes more and more visible. In this webinar, we’ll take stock of the impact the crisis had and has on the major regions and what state markets across the globe are in. This being an online seminar offers us the opportunity to have a “global” event and we are thrilled to be joined by local experts from the major world regions. The session starts with a global economic overview and a look at the latest investment flows data before we discuss the latest views from our panellist.
Chair
Oliver Kummerfeldt, European Real Estate Analyst, Schroders - Oliver provides research, insights and forecasts for commercial real estate across continental Europe. In this position, he helps to develop Schroders investment strategy and assists leadership, transaction and asset managers in decision making. He joined Schroders in 2014 and is based in London. Before joining Schroders, Oliver was an Associate Director at Jones Lang LaSalle (now JLL), where, between 2006 and 2014, he held various roles in the EMEA Real Estate Research team in Hamburg and London. He studied economics, law and geography at Hamburg University and holds the German “Diplom” degree in geography.
Presenters/Panellists
Sabina Kalyan, Global Chief Economist and Global Head of Real Assets Research, CBRE Global Investors - Sabina has full operational responsibility for the firm’s strategy and research team and a specific role in selecting the economic scenarios and macro risk assessments that power the firm’s real estate forecasts. Sabina is a member of the firm’s Executive Committee, Global Investment Committee, and European and Global Leadership Teams. Previously, Sabina served as Head of Research for the firm’s EMEA region and the global quantitative team. Sabina joined the industry in 2001 and started working for CBRE Global Investors in 2008. Sabina was previously Chief Economist at IPD. Prior to IPD, she worked for Capital Economics, where she developed their UK residential and commercial property market analysis and forecasting service. Sabina studied economics at Lincoln College, Oxford University and is a member of the Society of Business Economists, the Society of Property Researchers and the Investment Property Forum. She is a Fellow of the Royal Institute of Chartered Surveyors.
Simon Mallinson, Executive Managing Director, Real Capital Analytics - Based in London, Simon joined RCA to spearhead the development of their EMEA and APAC businesses. Simon is now responsible for RCA’s industry-leading global capital markets analytics and is a regular commentator on real estate trends. Previously, Simon was Senior Director leading European Research at Invesco Real Estate. Prior to Invesco, Simon held several roles with IPD (now MSCI) in London and the United States. As Chicago based Head of US Services he established IPD’s first North American office. Simon is a Board Member of US association NCREIF, a member of RICS and is active across other global real estate associations. He holds degrees from Leeds and Manchester University, UK. Simon has set foot in 48 U.S. states and is looking for an excuse to visit Maine and Alaska.
Panellists
James Shepherd, Head of Research Greater China, Cushman & Wakefield Shanghai - James is currently Head of Research for the Greater China region and the Cushman & Wakefield subject matter expert for Asia Pacific Capital Markets. During his 25-year real estate career as a general practice surveyor, James has dealt with all major property types including industrial, retail, office, residential, hotels and serviced apartments and has specialist experience in a variety of areas including research, valuation and due diligence. Having worked in Asia since 1998, James is currently based in Shanghai and prior to this he was located in Hong Kong. The Cushman & Wakefield Research team report regularly on 53 markets across Asia-Pacific, produce cutting-edge thought leadership, and have won numerous awards.
Penny Hacking, Principal, European Capital Markets, Avison Young London - Penny has a highly informed perspective on value creation across all commercial real estate investment. Driven by collaboration, the importance of client relationships and understanding their investment requirements, she delivers every transaction with economic and sustainable performance in mind. With more than 20 years of industry experience, Penny has advised on over €4 billion of transactions across the UK and continental Europe. Starting her career at Jones Lang Wootton in London, she quickly progressed with a move to Brussels in November 1999 to join the Capital Markets team advising international investors in the Benelux region. By 2007 Penny was leading the Cross-Border Investment team at King Sturge and was one of the first and youngest females to be an equity partner. Following the merger with King Sturge and Jones Lang LaSalle in 2011, Penny grew the Pan-European Acquisition Services alongside delivering large sales mandates across Europe. In 2014 Penny set up her own company known as Victorios Investment Partners, a pan-European Capital Markets advisory business. Since joining Avison Young in October 2018, Penny has strengthened its European Capital Markets offer through her passion and determination for the highest quality service to her clients.
Kevin White, CFA, Global Co-Head of Research and Strategy, Alternatives, DWS New York - Kevin serves as Global Co-Head of Alternatives Research and Strategy at DWS, focusing on real estate in the Americas. Before joining DWS in 2015, Kevin held investment research and strategy positions at Cole Capital and at Property & Portfolio Research (PPR). Previously, he was a tax policy officer in the Department of Finance at the Government of Canada. Kevin earned a BA in Economics from Queen's University and MA in Economics from the University of British Columbia. He is also a CFA Charterholder.