Members of HFF’s Global Capital Team will attend the Association of Foreign Investors in Real Estate’s (AFIRE) 2016 European Conference in Hamburg, Germany, beginning June 15.
Held at the Hotel Atlantic Kempinski Hamburg, the European Conference – of which HFF is a sponsor – offers a day and a half of programming and activities relating to the theme of the 2016 conference: External Forces on the Eurozone: The Impact on Outbound Capital. This year’s keynote speaker is Joschka M. Fischer, German vice chancellor and minister of Foreign Affairs from 1998 to 2005. Panel topics include “Europe Under Siege?”, “Outbound Capital: Will it Change?” and “Googling the U.S. Market.”
Each year, AFIRE’s European Conference takes place in a European city in June. Previous conference locations include Amsterdam, Cologne, London, Berlin and Paris. The conference always presents topics relating to U.S. real estate in addition to providing information on the local region where the conference is held.
“AFIRE’s European Conference provides an opportunity to network on a global scale while learning about important economic issues that could potentially affect capital coming out of Europe,” said HFF Senior Managing Director Jaime Fink.
Real Capital Analytics (RCA), in its US Capital Trends® 2015 Year in Review, reported that 2015 was a record-setting year for foreign investment in the United States. Direct property purchases totaled $91.1 billion last year, up from nearly $50 billion the previous year. Foreign investor transactions accounted for 17 percent of all deal volume in 2015, up from an average of 10 percent the previous four years.
According to AFIRE, the membership organization holds four educational conferences each year that “highlight the most current trends and economic forecasts, all presented from the viewpoint of the institutional investors.” Additionally, the organization hosts exclusive brunch gatherings at MIPIM and EXPO REAL. The organization restricts attendance at meetings and conferences to AFIRE members and specifically-invited guests. AFIRE grants membership “on a corporate basis and by invitation only, and is an acknowledgement of an institution’s standing in the international real estate community.”
As the official voice of the foreign real estate industry in the United States and the preeminent global real estate organization, the Association of Foreign Investors in Real Estate (AFIRE) represents the interests of nearly 200 investing organizations from 21 different countries. AFIRE, a not-for-profit association of international real estate investors with headquarters in Washington, D.C., was founded in 1988 with strong support from Dutch pension funds. German investment firms now constitute the largest nationality of investors. While inbound investment into the U.S. remains, AFIRE members’ common bond, their portfolios, have become increasingly global in scope. Visit the AFIRE website for more information.
Since 2012, HFF has closed over $38 billion of gross real estate value in over 390 transactions involving foreign capital across our debt, investment sales, and equity placement lines of business. HFF’s Global Capital Team was established in 2006 and includes 12 dedicated professionals. At HFF, the primary focus regarding global capital markets is to facilitate foreign capital flows into the United States. The best way to achieve this is by enlisting select HFF senior management professionals to develop and maintain close relationships with foreign investment decision makers worldwide. With this approach, HFF sends dedicated team members to all regions of the world engaging, informing and educating foreign investors face to face about the opportunities within the major markets of the U.S. HFF has representatives traveling internationally 52 weeks a year, oftentimes with large institutional clients of the firm.