1st Edition

High Rise and Fall The Making of the European Real Estate Industry

By Andrea Carpenter Copyright 2019
190 Pages
by Routledge

188 Pages
by Routledge

188 Pages
by Routledge

High Rise and Fall tells the story of how the European commercial property industry transformed from a local, small-scale business to an international, financially sophisticated, multi-billion-euro industry that was ultimately devastated by the 2008 crash. Drawing on her experience as both former Editor of EuroProperty and Director at the European Association for Investors ... Read more
  1. Prologue
  2. The arrival of the Americans
  3. The Americans bring 20% investing to Europe
  4. The Germans go international (1995 – 2001)
  5. The return of the locals (1998 – 2001)
  6. Property enters the financial markets (2001 – 2004)
  7. Expansion of the European funds (2001 – 2004)
  8. The response from the Americans (2002 – 2004)
  9. The crisis comes early for German openended funds, as Americans pick up the opportunities (2004 –2006)
  10. Europe overheats (2004 – 2007)
  11. Denial, then crash (2007 – 2009)
  12. Fallout for the Americans (2008 – 2011)
  13. Fallout for European investors and lending (2008 – 2011)
  14. Rebuilding the business models, and trend towards the next cycle (2011 – 2017)

Biography

Andrea Carpenter is a freelance writer and Director of Women Talk Real Estate. She was Editor of EuroProperty for seven years, spent three years as a Director at INREV, and in 2008, won the Outstanding Industry Contribution Award at the IPE Real Estate Awards for her contribution to the development of the European fund management industry.

"High Rise and Fall takes a no holds barred view of the historically cyclical nature of the property sector to provide an invaluable perspective for any new entrant, particularly of the core financial markets that underpin and invest in property globally as a core investment class. When 75% of the world wealth is invested in global real estate this book gives a unique perspective on the financial backbone that make this one of the most exciting sectors to be involved with. A must read for "the love of property" on the "revival and survival" associated with a career in this great profession." Amanda Clack is Executive Director, Head of Strategic Consulting, CBRE and is the Immediate Past President of RICS