190 likes | 279 Views
2013 Global Investor Sentiment. Andrey Kosarev, Managing Director | St.Petersburg. 2013 Global Investor Sentiment. Andrey Kosarev | Managing Director – Colliers International St.Petersburg. area of expertise
E N D
2013 Global Investor Sentiment Andrey Kosarev, Managing Director | St.Petersburg
2013 Global Investor Sentiment Andrey Kosarev | Managing Director – Colliers International St.Petersburg area of expertise • Strategic advisory, concept development, office properties, shopping centres, industrial properties, mixed-use projects, large-scale developments EDUCATION AND QUALIFICATIONS • Graduated from St. Petersburg State Technical University (2001) • Ph.D. inEconomics (2004) • Member of RICS (2010) • BUSINESS BACKGROUND • Over the past 14 yearsAndrey is successfully operating onthe Russiancommercial real estate market.During 2006-2007 Andrey was heading the strategic consulting at Knight Frank St.Petersburg.In 2008 he joined Jones Lang LaSalle Russia in a position of Associate Director at Strategic Consulting Dept. • Since February 2013 – Managing Director of Colliers International Russia. • PROFESSIONAL ACCOMPLISHMENTS • Among Andrey’s key clients there are such prominent Russian and international companies as Hochtief Development, Raiffeisen Evolution, Glavstroy, Gazprombank-Invest, EBRD, Dorinda, FORTGROUP etc.
Russia Investment Volume, russia, 2007-2012 (million $) Source: Colliers International
Russia Investment transactions volume 2012 RUSSIA (by Sector; million $) Source: Colliers International
The Global Picture INVESTMENT VOLUMES(12-MONTH RUNNING TOTAL)
The Global Picture Investing for medium to long term performance Colliers Property Investment Sentiment in the last 6 months Colliers Property Investment Sentiment in the next 5 years
The Global Picture Most investors low to moderate risk takers Dominant target IRR (internal rate of return) for each region
The Global Picture Capital primarily remains local Source: Colliers International
The Global Picture US and Canadian Investors Most likely to invest offshore Source: RCA
The Global Picture OFFICE MOST POPULAR SECTOR Latin America United States Australia/NZ Canada EMEA Asia
The Global Picture Debt is available – at a price LTV Stringency of Conditions Cost of Debt
2013 Outlook • Continued Recovery. Investment volumes are expected to growslowly and steadily in Western markets although eurozone uncertainty will continue to impact business confidence within that region. • Safe Haven Destinations. Investors will continue to chase propertiesin the same, “safe” markets including London, Paris, Frankfurt, Hamburg, Munich and New York. • Local v Offshore. Majority of capital will remain close to home withthe exception of fund migration from North America to Europe andAsia, Asia into Australia and Europe and Middle East to Europe • Lending. The availability and price of debt finance will remain anissue in a number of territories, opening the door for new lenders (insurance companies) and mezzanine funds. • Opportunities.Opportunities for those prepared to take on more risk, but only if finance is in place.
Our Services Sectors • Hotel • Industrial & Logistics • Mixed Use • Office • Residential • Retail Services • Brokerage sales and leasing • Landlord representation • Tenant representation • Corporate Solutions • Development Solutions • Investment Services • Project Management • Real Estate Management Services • Valuation and Advisory Services
Our Global Strength • Top 3 global real estate services brand • 522 offices in 62 countries • 12,000+ employees • $1.8 billion in revenue • $68bn transaction value • Over 2.1 bn square feet under management * * Note – Includes FirstService Residential Management
Colliers International EMEA 37 $351.6 COUNTRIES MILLION REVENUE 118 161 OFFICES MILLION SQUARE FEET MANAGED 2,438 8,501 France Germany Greece Hungary Ireland Italy Latvia Lithuania Montenegro Netherlands Norway Poland Albania Angola Austria Belarus Belgium Bulgaria Croatia Czech Republic Denmark Egypt Estonia Finland Portugal Romania Russia Saudi Arabia Serbia Slovakia Spain Sweden Switzerland Turkey Ukraine United Arab Emirates United Kingdom EMPLOYEES LEASE AND SALE TRANSACTIONS 858 $12.2 BROKERS BILLION TOTAL TRANSACTION VALUE