The Forces Changing Real Estate Forever: Five Years Later
The forces changing real estate have changed it forever, though more slowly than many thought. Nonetheless, scale and operational focus are common themes in real estate circles in a way not dreamed of ten years ago. Similarly, the emergence of substantial equity requirements continues to reshape the operation of real estate markets. Public equity mar-kets have dramatically grown in importance over the past five years. This pattern, along with the expansion of public debt markets, will continue over the remainder of the decade. The current weaknesses in property markets will feed the ongoing consolidation of the real estate industry. The end of decade will see a real estate company among the largest one hundred companies in the world.
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.