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Reuters to Hold Summit Conference on Global Real Estate

Reuters to Hold Summit Conference on Global Real Estate
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Reuter’s agency conducted a series of interviews last June 20-23 on the world’s known names from London, New York, Dubai and Singapore in the international infrastructure and real estate society to discuss the future of the infrastructure and real estate community.

The world’s real estate industry is gradually walking towards recovery but with some uncertainties despite their efforts to survive the dropping capital values, income deficits and the agonizing debt in today’s global crisis. The capital values of commercial properties are very far from overcoming the crisis and investors are still looking up for means to increase their income while developers are going back to work on the hope to benefit from the confidence shown by the consumer, economic and business sector.

Real estate agencies are on guard on the banks decision on the suffering assets while the private insurers, pension funds and equities have their claws ready in welcoming the developers and investors who are in need of financial assistance and in the acquisition of valuable assets.  On the other hand, the infrastructure sector takes refuge in having the government as its counterpart in various multi-million projects such as school buildings, airports, roads and other government projects.

With the current activities going on inside the real estate and infrastructure industry in the developing countries, the privatization of some government owned projects opened the doors for infrastructure investors. Studies reveal that several government infrastructure projects are expected to be on the rise this year while the private sectors are competing against giant institutional investors.

 

 

 

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About James Pattric

James writes for the Residential category (along with Josh Johnson) and also heads up the Resources category.

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