Members of HFF’s Global Capital Team will attend the Association of Foreign Investors in Real Estate’s (AFIRE) 2018 European Conference, which is being held in Barcelona, Spain, at the Hotel Arts Barcelona on June 6 and 7.
The European Conference – of which HFF is a sponsor – offers a day and a half of programming. This year’s keynote speaker is former Spanish President José Maria Aznar. Panel topics include navigating the geo-economic landscape, the state of the retail world and information on European real estate.
According to Real Capital Analytics (RCA), foreign investments declined in 2017. Direct property purchases totaled $52 billion, down from approximately $67 billion last year. Looking at 2018, the first quarter of this year tracked better than the first quarter of 2017, signaling possible improvement for this year.
Also, note that RCA found that foreign investor transactions accounted for 10.6 percent of all deal volume in 2017, down from an average of 12.5 percent the previous four years.
“AFIRE’s European Conference is an event that HFF looks forward to every year and provides an unmatched opportunity for members of our U. S. and U.K./Europe teams to network with institutional investors from all corners of the globe,” said HFF Senior Managing Director Riaz Cassum, who co-leads HFF’s Global Capital Team along with Dan Cashdan, president of HFF Securities.
According to AFIRE, the membership organization holds four educational conferences each year in addition to exclusive brunch gatherings at MIPIM and EXPO REAL. The conferences aim to highlight existing trends and economic forecasts presented from the viewpoint of institutional investors. 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.” AFIRE’s next meeting after the 2018 European Conference is the 2018 Annual Membership Meeting in Washington, D.C. on September 5 through 7 at the Mayflower Hotel.
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 22 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 more than $80 billion of gross real estate value in over 700 transactions involving cross border capital across our debt, investment advisory, and equity placement lines of business. HFF’s Global Capital Team was established in 2006 and includes 17 dedicated professionals who are focused on accessing overseas capital for both our U.S. and U.K./Europe business. These select HFF senior management professionals develop and maintain close relationships with investment decision makers worldwide. With this approach, HFF sends dedicated team members to all regions of the world engaging, informing and educating global investors face to face about the opportunities within the major markets of the U.S. and U.K./Europe. HFF has representatives traveling internationally 52 weeks a year, oftentimes with large institutional clients of the firm.