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Forum 2006 to Focus on 'Globalization' OF Commercial Real Estate Markets
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Added: 09/21/2006
Type: Summary
Viewed: 269 time(s)
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Forum 2006 to Focus on 'Globalization' OF Commercial Real Estate Markets
Europaproperty.com chief strategist and publisher, Craig Smith said today that ‘globalization’ has had a profound impact on the way commercial real estate investors and other professionals in the sector make strategic decisions.
He noted, "It is imperative that local and national real estate associations stay abreast of international market conditions, so that they will be better able to service local investors who seek to expand into international markets. And that is why we are confident that Forum 2006, an international commercial real estate conference to be held next month for the first time in the United States, will act as a stimulus for fortifying relationships and commercial real estate transactions between North American and European investors."
The Central and Eastern Europe, Russia & CIS States Commercial Real Estate Forum 2006, organized by Europaproperty.com, will be held on Oct. 5th & 6th at the Grand Hyatt, New York.
Mr. Smith rallies behind the formation of groups such as the International Coalition of Real Estate Associations(ICREA) and is quick to point out that they underscore his initiatives of bringing real estate professionals from different markets to conferences, such as Forum 2006, where they can share decades of hands on country knowledge and experiences in the commercial real estate field.
Says Mr. Smith, "While Forum 2006 will focus on market conditions and opportunities in for example, Poland, Czech Republic, Hungary, Romania, Bulgaria, the Baltics, Russia and CIS States, I would like to broaden and further expand the scope and dimension of future Forums of this nature."
Adds Mr Smith, "Let's face the facts head on. There are probably over a 1 billion people on the world wide Net today which makes the international real estate market accessible to millions of investors at any one time. The way I see it, our job at Europaproperty.com today is to assist sophisticated foreign owners, developers, investors, managers, agents and others in the field in acquiring knowledge and know-how so that they are better equipped to enter rapidly expanding growth markets such as the CEE and Russia. These are by their very nature value added markets that many companies will not want to overlook as they seek ways of expanding their revenue streams and adding asset values to their balance sheets both today and tomorrow."
Europaproperty.com (www.europaproperty.com) is recognized as a leading organizer of conferences and other special events for the commercial real estate marketplace throughout Central and Eastern Europe, Russia and the CIS States.
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