21.10.2008 - US managers begin switch from deals to strategy
From IPE: US real estate investment managers are shifting their focus away from deal-specific research to strategic portfolio analysis, more in line with their European counterparts, as a side effect of the current market uncertainty, according to research conducted by International Property Databank (IPD). US managers commonly focus on identifying the best individual assets on their own terms, irrespective of whether they fit into a pre-set strategy, while in contrast European investors tend to place more importance to portfolio analysis and may rule out certain deals that fall outside a strategy..... Full Article: Source
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