CBRE talks foreign capital, REIT challenges and 2016's big buyers

cbre mints

In January, real estate and investment organization CBRE Group completed its rebranding and integration of PKF into its portfolio of global real estate services. The integration positions CBRE as a powerful organization for hotel owners and operators, financial institutions, real estate developers, investors and other hospitality-related entities to tap into its services, including advisory, consulting, valuation and research.

Around the time of the combination, Hotel Management caught up with Kevin Mallory, senior managing director and global head of CBRE Hotels, and Scott Biethan, senior managing director of the Pacific Northwest region of CBRE, during the ALIS conference for their takes on the overall health and future of the global hospitality industry, as it related to investment, development and fundamental strength.

As you'll see in the video below, foreign capital's dominance in transactions is highlighted, brought about by volatility in home countries, such as China, and safe harbor in locations such as the U.S.. That was a trend in 2015 that should continue in 2016. Meanwhile, there remains a trail of cautiousness among lenders, which could impact deals and the development of new product, and we all wait to see how the public equity markets will shake out, and if it's enough to induce the REITs back into the game.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.



Suggested Articles

Pat Pacious discusses the seismic shifts the sector has seen and will continue to experience.

Results season has started to make itself felt and the impact of the coronavirus was at the forefront of analysts’ questions on the earnings calls.

Hotel pipeline data for Europe showed a 29.4% year-one-year increase to 1,654 projects as of the end of January, according to STR.