February 2, 2007—Investors can continue to earn relatively attractive returns in real estate by adapting to an expanded universe, according to LaSalle Investment Management LLC, which released the 13th edition of its Investment Strategy Annual, a comprehensive survey of, and outlook for, the global real estate markets for 2007.
“In our view, investors enter 2007 with little downside risk in occupational markets, but growing risk around capital markets,” said Gerald Blundell, European Director, Investment Strategy and co-author of the Investment Strategy Annual report.
Drawing on a global network of research professionals, LaSalle’s Investment Strategy Annual provides an in-depth examination of the fundamentals that will shape the real estate markets in Asia-Pacific, Europe and North America in 2007. According to LaSalle, Asian markets offer the greatest heterogeneity of choices—from opportunistic development, redevelopment and leasing strategies in South Korea, Japan and China all the way to sold core and core-plus opportunities in Hong Kong, Singapore, Sydney and Tokyo. North American markets will experience favorable fundamentals, which favor leasing and redevelopment strategies. The European markets offer some of the world’s best value for core investors as well as opportunities for higher risk-return strategies.
LaSalle Investment Management, Inc., a member of the Jones Lang LaSalle group, is a global real estate investment management leader with approximately $40 billion of assets under management. The company provides comprehensive and wide-ranging integrated expertise on a local, regional and global level to owners, occupiers and investors. For more information, see the Web site.
