14 SEP 2018
On September 4 in Washington DC, RICS hosted an investment panel to discuss the current real estate market. The Mid-Atlantic International Investment Panel pulled together representatives from four leading international real estate investment firms: Oxford Properties, Hermes Investment Management, USAA, and GTIS Partners. The Georgetown University Master’s of Real Estate program hosted the event on campus where it was well attended by a number of engaged graduate students.
The evening had a strong international bent. Oxford Properties is the real estate investment arm of OMERS, a Canadian pension plan. Hermes Investment Management is based in the United Kingdom and continues to be the principal investment manager for the BT Pension Scheme (BTPS). GTIS partners is US-based with a strong investment presence in Brazil. USAA is US-based as well, but has developed a foreign investor base, with investors from six different countries beyond the US participating in its real estate investment vehicles.
A number of young professionals and students in the Georgetown Master’s of Real Estate program participated in the question and answer session, which touched on areas such as the delivery of workplace housing, the current status of the real estate market cycle, and the impact of the strong US dollar on real estate investment strategy.
The program also included recognition of James Fetgatter FRICS for more than 25 years of leadership in the real estate sector as the head of the Association of Foreign Investors in Real Estate (AFIRE) prior to the panel discussion.
The Mid-Atlantic International Investment Panel is one of a series of events in commercial real estate that RICS will host throughout the US and Canada, including investment panels and development series. The 2018-19 Summit Series will also examine investment trends and valuation. These events incorporate insights from the RICS Perspectives on Global Real Estate Investment, a paper that was released in 2017.