Real Estate Overview - Ernst & Young - United States

Against all odds, the global REIT market is largely intact. So, what should investors consider now? And which trends are influencing the largest REIT markets (pdf, 1.8mb)  —US, Australia, Japan and the UK—around the world? Find out here and don’t miss our update on the hurdles China is experiencing with implementing a REIT regime.

The hotel industry was relieved when 2009 came and went, but 2010 won’t be without its challenges. Find out which shifts are occurring in the hospitality investment community so you can better position yourself now. And don’t miss our highlights on these key markets: Europe, Middle East, India and Africa (pdf, 482.2kb) .

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.

The economic downturn is making its mark. Debt and equity capital, the lifeblood of a thriving real estate private equity firm, are scarce, costly and highly coveted. However, we may be entering one of the best periods for acquisitions of distressed assets the industry has ever seen (pdf, 1M). So, what’s on the horizon? 40 US real estate fund sponsors get frank about their future expectations.

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.

The credit crunch and lack of available liquidity has resulted in real estate owners and investors exploring alternative financing methods, including rollup transactions. Some see them as an opportunity to access public markets and take advantage of distressed real estate pricing. But, they don’t come without complications. Discover more here (pdf, 574.1kb) .

In the current market, should a potential seller hold or fold? For real estate companies, one of the biggest challenges is deciding whether to hang on to a money-losing commercial property or to sell it at a deeply discounted price. Discover what it takes to shake today’s real estate transaction paralysis (pdf, 111.6kb) .