Title: Real Estate Trends Global
1Real Estate TrendsGlobal Local Markets
- Presented by
- Eric J. Gardner, MAI, CCIM
- The Gem Real Estate Group, Inc.
2Global Real Estate Trends Indias Huge Demand
- 1.1 Billion People
- Real Estate Investment Projected to reach more
than 50 billion next 5 years - 40 Malls Growing to 240 by 2010
- The offshoring trend is not a real estate
initiative, its a LABOR initiative
3Indias Market Drivers
- Educated Labor Force
- Cost Savings for US Companies
- Example General Motors
- Auto parts exported 120M 2005
- Jump to 1.0 B by 2008
4India Where is the Activity?
- Information Technology
- Call Center, Help Desk
- Finance Administration
- Human Resources
- Industry Specific R D
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9Drivers of Real Estate Trends
- Positive
- Job Growth
- Consumer Spending
- Technology
- Negative
- Rising Interest Rates
- Rising Energy Costs
- Rising Material/Construction Costs
- Taxes eliminations of 10 rollback
10Real Estate Trends Office MarketKey Driver
Job Growth
11Does this still Apply?
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13Real Estate Trends Industrial MarketKey
Drivers Construction Costs, Technology
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15Real Estate Trends Retail MarketKey Driver
Consumer Spending
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17Real Estate Trends Multi Single FamilyKey
Drivers Energy costs, Taxes, Interest Rates
- Multi-Family
- Out of Market Investors
- Single Family
- Slowed housing sales
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20 Real Estate Trends Indoor Waterparks
- Higher construction and operating costs
- Better return due to higher occupancy, room
rates, and incidental sales - Condo units for individual investors
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