1. Globalization of Our Industry
Simon Fairchild, IPD
Wenzel Hoberg, Europe, Canada Pension Plan Investment Board
Jay Weaver, Walton Street Capital
Bob White, Real Capital Analytics Inc.
Moderator: Brad Olsen, Atlantic Partners, Ltd.

5. Cross-Border Property Acquisitions
GRAASKAMP CENTER FOR REAL ESTATE
SPRING BOARD CONFERENCE
Cross-Border Property Acquisitions
Spark Innovation. Inspire Change. Provoke Possibilities.
9/17/2018

6. Sources of Cross-Border Capital 2012
GRAASKAMP CENTER FOR REAL ESTATE
SPRING BOARD CONFERENCE
Sources of Cross-Border Capital 2012
Spark Innovation. Inspire Change. Provoke Possibilities.
9/17/2018

7. Top 25 Cross-Border Buyers
GRAASKAMP CENTER FOR REAL ESTATE
SPRING BOARD CONFERENCE
Top 25 Cross-Border Buyers
Past 24 mos to May 2013
Increasing Capital Flows From Asia
Spark Innovation. Inspire Change. Provoke Possibilities.
9/17/2018

8. Top 25 Cross-Border Buyers
GRAASKAMP CENTER FOR REAL ESTATE
SPRING BOARD CONFERENCE
Top 25 Cross-Border Buyers
Past 24 mos to May 2013
Spark Innovation. Inspire Change. Provoke Possibilities.
9/17/2018

9. Targets of Cross-Border Capital 2012
GRAASKAMP CENTER FOR REAL ESTATE
SPRING BOARD CONFERENCE
Targets of Cross-Border Capital 2012
Spark Innovation. Inspire Change. Provoke Possibilities.
9/17/2018

10. SPRING BOARD CONFERENCE
GRAASKAMP CENTER FOR REAL ESTATE
SPRING BOARD CONFERENCE
Spark Innovation. Inspire Change. Provoke Possibilities.
9/17/2018

11. IPD Global Property Index
The recovery continued in 2012, albeit at a slower rate
Source: IPD, KTI

12. And ‘recovery’ evident across most markets
Unlevered total returns across global markets,
Source: IPD, KTI

13. Regional split of strong & weak performance
Source: IPD, KTI

14. Dispersion evident at city level too
Source: IPD, KTI

15. All property return rankings for selected global cities since Q1 2006
Relative global rankings shift rapidly
All property return rankings for selected global cities since Q1 2006
Q Rank
Calgary 1
Brisbane 2
Portland 3
Perth 4
Dublin 5
Wellington 6
San Francisco 7
London 8
Los Angeles 9
Vancouver 10
Miami 11
Washington DC 12
New York 13
Seattle 14
Edinburgh 15
Birmingham 16
Atlanta 17
Philadelphia 18
Auckland 19
Denver 20
Manchester 21
Houston 22
San Diego 23
Montreal 24
Sydney 25
Toronto 26
Boston 27
Dallas 28
Melbourne 29
Tokyo 30
Chicago 31
Minneapolis 32
Q Rank 1
Calgary 2
San Diego 3
Denver 4
Boston 5
Seattle 6
Toronto 7
Vancouver 8
Montreal 9
Atlanta 10
Perth 11
San Francisco 12
Houston 13
Brisbane 14
Chicago 15
Dallas 16
Portland 17
Los Angeles 18
Miami 19
Melbourne 20
New York 21
Minneapolis 22
Sydney 23
Auckland 24
Philadelphia 25
Washington DC 26
London 27
Wellington 28
Manchester 29
Tokyo 30
Dublin 31
Birmingham 32
Edinburgh
Use these charts in sequence to show how a highlighted city’s relative performance can change quickly relative to others.
First slide: The underlying gray lines show the market’s constant churn. This first slide should look and feel chaotic. The logic of the chart unfolds as you click…
Following slides: Keep clicking the mouse to tell the stories for the 3 cities – London, New York, and Tokyo – across this cycle.

16. Globalization of Our Industry
Simon Fairchild, IPD
Wenzel Hoberg, Europe, Canada Pension Plan Investment Board
Jay Weaver, Walton Street Capital
Bob White, Real Capital Analytics Inc.
Moderator: Brad Olsen, Atlantic Partners, Ltd.