2014 - john reardon - georgetown university fall 2014 msre presentation final
TRANSCRIPT
Master of Professional Studies in Real EstateThe New World Centers – The City State -Real Estate, Infrastructure and the
IMF Grow as New Capital Investment Focus
Presentation by John Reardon, MSRE Guest Lecturer 2006 - 201430 yrs. Economic Development Professional at CEO/COO levels for Local, State, National and Global
Programs including (2) state level cabinet positions ,Specializes in Corporate Real Estate
EXECUTIVE SUMMARY August 2014
2014 – 2015 Capital Moves to City States, Real Estate and Infrastructure, MNCs Centralize Back To Home Base Countries; WGDP Growth after Inflation Moves to “1%” ,IMF Empowered to Forgive Sovereign Debt, and Real Estate Becomes a Safe Haven with Record Investor Inflows Reaching $1 Trillion and Projected to
$1.33T by Close of 2014
John Reardon – COO Facchina Development LLC
The Creation of A Global CommunityPlanet Earth
Core Foundation Items• Land• Natural Resources• Livability• People• Government• Laws & Regulations
Enabling Infrastructure• Transportation• Food & Shelter• Health & Education• Communication• Financial System• Business Products &
Services
Structures and Society Moving Towards a Global Community As a Tapestry of People, Cultures
and Opportunities Yet To Be Fully Realized
Our Focus Today
John Reardon – COO Facchina Development LLC
THE GLOBAL COMMUNITY EVOLVINGSETTING THE FRAMEWORK IN PLACE
• 1990’s Global Transportation – 24hrs Anywhere FedX UPS• 1990’s Global DOT COMS – Customers Worldwide in 48 Hrs• 1990’s Global Corporations – Begin Transition to TNCs 70% of W Growth• 2000’s Global Financing – Leveraging Cross Borders Value Creation….• 2000’s Global Cities - 21st Century City -Nations – Now 69% World GDP• 2000’s Global Communications - Social Networks – Without Borders• 2020’s Global Governments – Sub Global Regions, GTax, G Regs….
A NEW WORLD COMMUNITYTHE CURRENT FRONTIER
Handy Curve – Each New Idea Creates Change and Change Brings New Ideas, Some Good and Some Bad
Green indicates processes and structures going in place
HANDY CURVE
John Reardon – COO Facchina Development LLC
THE NEW WORLD
By DNA
By Politics
By Trade Blocks
By Social Media
The Evolving Globe
By Freedom
John Reardon – COO Facchina Development LLC
Key Areas To Watch
TNC/MNCs – Up to 70% of Past Global Growth - 8% average Growth even during downturn (acquisitions/Mergers). Now Going Home…Consolidation
1. INFLATIONGlobal Areas
Country Debt Reduction Required By IMF to Stabilize Global Financial Crises & Bring Sovereign Expenditures into Compliance
2. Sovereign Debt
3. Business - Jobs & Revenues
NEW VERY IMPORTANT ITEM
$74.90 trillion Global GDP (13)$71.83 trillion Global GDP (12)
4. WGDP - Income
Growth 4.3% – Inflation 3% = 1.3%
John Reardon – COO Facchina Development LLC
“The World RECESSION STATUS “Moody’s Analytics
20112008
BEGINNING 2013
Moody’s Site for individual
Country Economic Projections
See Update 2014 Here https://www.economy.com/dismal/map/default.asp Recovery CHINA & RUSSIA
DOWN, CANADA & US
UP
CURRENT
John Reardon – COO Facchina Development LLC
WORLD GDP REACHES USD $ 74.90 TRILLION Annual Rate of Growth Declines To Under 1.3% After Inflation
GDP Projections http://chartsbin.com/view/7398
World GDP Projected Growth rates 2013 – 2020Interactive Maps & charts for
World Bank –Countries with Actual growth charts
2014 Country GDP Growth Rate – Figuring GDP Changes Reported in GDP and GDP PPP (purchasing power parity ) Example 2012 GDP $71.8 Trillion VS GDP PPP $84.8 Trillion
World Overall GDP Growth Rate 2010– 2013 dropping- EconomistThen after a negative GDP in 1st Qt 2014 the new numbers revised show an upturn with Projections flat line forward around 2% after Inflation..Note dramatic up ticks in GDP Rate 2009, 2010 from New Sovereign Debt injection but slowly declining down from there as this works through economies.
Next 7 yrs
Why People MAY Still
Worried
Sovereign Debt Ejected in Systems
Annual Growth Rate Minus Inflation for Real Growth Rate (Important)
Interactive Map http://www.transparency.org/cpi2012/results
John Reardon – COO Facchina Development LLC
WORLD INFLATION RATES 2014
IMF Inflation Interactive Map
John Reardon – COO Facchina Development LLC
GLOBAL INFLATION THREAT
CPI
FOOD
Fuel
Global Vulnerability
2013
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GLOBAL DEBT REACHES $100 TrillionThe amount of all public and private debt globally soared 40 percent to $100 trillion by Mid 2013 from 2007 with the first
signs of the financial crisis. Governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates. $30 trillion in New Debt was added to the Original $70 trillion on the Books in Mid 2007
Mar 10, 2014 Bloomberg News
Global Public Debt Reaches Over 50% of all Global Debt at $54 Trillion
Individual Country Current Debt Today http://www.nationaldebtclocks.org/
http://www.economist.com/content/global_debt_clock
John Reardon – COO Facchina Development LLC
GLOBAL SOVERIEGN DEBT DEFAULT
Sovereign Default: Frustrated Judge Scolds Argentina but Does Not Hold It in Contempt - European creditors seek removal of RUFO clause on Defaulted Argentina Sovereign Debt
European investors holding 5.2 billion dollars of restructured Argentine bonds are negotiating the removal of the Rights Upon Future Options (RUFO) clause that the country claims prevents them from negotiating with vulture funds, sources close to the meetings informed today.If an agreement is eventually reached, it would represent a major breakthrough following President Cristina Fernández de Kirchner's refusal to pay holdouts that did not accepted the two debt swap alternatives offered in 2005 and 2010.The government argues it can not propose a better option to so called ‘vulture funds’, due the RUFO clause which prevents giving more benefits to bondholders who did not take part in the previous debt swap processes. Latham & Watkins attorney, Christopher Clark, who counsels bondholders, said they are working on a request to eliminate the RUFO clause.
Source NaturalEarthData.com - Natural Earth is a public domain map dataset for the map in this slide which reflects Global down to the local level. Government Sovereign entities - http://kelsocartography.com/blog/?tag=patterson
Bloomberg News : Public Debt Per Person
IMF Power To Forgive Sovereign Debt:. These cases have reawakened interest in an old proposal by the International Monetary Fund for a system of resolving the debts of countries that would be similar to corporate bankruptcy. The fund would oversee the process and another agency would make sure countries and their creditors come to terms that apply to all creditors….NY Times
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Global Financial AssetsCross Boarder Emerging Market Investments Collapse
MultiNational Corporations (MNC/TNC) Focus on Home Countries
Global financial assets, including India's, Projected to be worth $317 trillion by 2020: McKinsey - Mckinsey Global Institute
Net Flows of goods, services, and finance reached $26 trillion in 2012, or 36 percent of global GDP, 1.5 times the level in 1990.
Now, one in three goods crosses national borders, and more than one-third of financial investments are international transactions. In the next decade, global flows could triple, powered by rising prosperity and participation in the emerging world and by the spread of the Internet and digital technologies. Our scenarios show that global flows could reach $54 trillion to $85 trillion by 2025, more than double or triple their current scale…Mckinsey 2014
Non Securitized Loans Grew from $43 Trillion (07) to $67 Trillion (13) Post The Recession Start; Public Debt Grows from $29 Tril to $48 Tril in same period ; Federal Reserve Holdings Not Reflected in Chart. Stock Market Capitalization from a high of $65 Trillion (07) drops to $34 Trillion (08) then rises back to $64 Trillion (13) with Central Banks Quantitive Easing.
2010
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TNC/MNC
CORPORATIONS EVOLVING INTO TNC/MNC GLOBAL MODEL
New Mergers Acquisition &Localized JVs
2015
CoreNet Global - IDRC: Corporate Members Own and Lease 40 Billion SF Worldwide
Now Lets Look At the MNC Next…..
John Reardon – COO Facchina Development LLC
IMF 2011 - Reports The Top 100 MNC/TNC Sales Reach $ 28 Trillion with 69 million Employees and a 2011 Growth rate of 8% or 33.4% of $71.83 Trillion Global GDP for 2011
3000 MNC/TNCs were just 11% of world GDP of $37.7 Trillion in 2001, by 2003 with $17.5 Trillion revenues they reached 42% of the WGDP of $40.9 Trillion. Today with the WGDP at $74.90 Trillion in
2013 the World’s (Forbes)Top 2000 Global firms Generated $30 trillion in Revenues, $2.4 Trillion Profits, $119 Trillion in Assets and 41% of the WGDP
2013 – 2014 MNC/TNCs Reinforcing Home Headquarters The world’s 500 largest companies in 2013 thru 2014v continued changing their global footprints by narrowing their international presence and further reinforcing the focus on their home markets…The Fortune Global 500 companies, despite showing a higher-than-average international inclination, continue to locate the bulk of their activities at home and maintain a pronounced regional focus in their operations. The world’s 500 largest MNCs have, on average, 58% of their equity affiliates located within their home countries and 42% placed internationally..roughly 71% of their equity affiliates situated within their home region and only 29% located globally (i.e. outside of the home region). Thus, distance does matter and regions play a crucial role in shaping cross-border economic activities.
Forbes Top 2000 Global Company List
United Nations MNC/TNCs Lists
The Private Global Wave - TNCs put their money to work
• First Positioning for sales and production costs• Second Round Re-Investing In Country “Not By Choice by Country Rules”• Third Round Staying Off Shore Penetrating Emerging Markets JVs and
Acquisitions
2011 – 2012 Now Re-Positioning - Coming Home, Consolidating Gains – At the same time expanding New Emerging Markets Expansions . 2012 TNCs continued to expand their production abroad in response to the rise in market opportunities in emerging markets. Globally, foreign affiliates accounted for 69 million jobs in 2011, with an 8 per cent growth in jobs over the previous year. This stands in stark contrast to the 2 per cent increase in employment projected globally for 2011 (ILO, 2012). Now driven by EM JVs and less with mergers and acquisitions - UN 2012 Report
John Reardon – COO Facchina Development LLC
$5 T - Sovereign Wealth Fundshttp://www.swfinstitute.org
SWF INVESTMENTSFOCUS 2012 - 2014
2013
2013
Now Lets Look At Pension & Equity Funds Next…
2014
2013
sovereign wealth funds allocate more than $180bn to the Real Estate asset class… https://www.preqin.com/docs/newsletters/re/Preqin_RESL_Nov_13_Sovereign_Wealth_Funds.pdf
http://www.swfinstitute.org/tag/real-estate
John Reardon – COO Facchina Development LLC
GLOBAL FINANCIAL ASSETSREACH $242 Trillion In 2013 – What They Are
SWF $5 Trillion - The Shadow Wave of Government Capital -The Sovereign Wealth Funds become Players. The First Wave -Strategic Positioning thru cross border investments – Natural Resources – Global Transportation Ports – Global Production –Secured Debt Instruments, Second Wave -Energy/ Commodities and Equities, Third Wave – Real Estate & Infrastructure
John Reardon – COO Facchina Development LLC
EQUITY FUNDS CONTINUES INCREASING 2014 – 2016INVESTMENTS IN REAL ESTATE
2014 – Pensions & REIT Continue To Increase Investments in Real Estate
As of Jan. 31, 2014, there are 204 REITs registered with the Securities and ExchangeCommission in the United States that trade on one of the major stock exchanges —the majority on the New York Stock Exchange. These REITs have a combined equitymarket capitalization of $719 billion. When added to non listed REIT the totaloperating REINT reach 1100 funds. They comprise of 90% Equity REITs and 10%Mortgage REITs. REITs As of June 30, 2014, the FTSE EPRA/NAREIT Global RealEstate Index included 456 stock exchange-listed real estate companies in 47countries around the globe. Of the $1.2 trillion in equity market capitalizationrepresented in the Developed Markets index, 78 percent/$930 Billion came fromREITs . This was up from $811 Billion Invested in the previous year.
19,000 Real Estate ProfessionalsMIPIM Mood
Overwhelming Bullish 2014 Report
This year alternative investments accountedfor $5.7 trillion in assets under management,as real estate managers take the largestshare and pension funds gobble up most ofthe investment products….Towers Watson &Co (NYSE:TW) and the Financial Times.
Real Estate Reaches $5.7 Trillion UnderManagers Pension Funds Investments
Pension Fund Plans Top 200 http://www.pionline.com/specialreports/plan-sponsors/20120206?view=rankings
http://www.real-estate-resource-centre.com/en/explore/speakers-presentations/mipim2014-wrap-up/
REIT FUNDS - http://www.reit.com/investing/investing-tools/global-fundsREIT FOCUS _ http://www.reit.com/news/topics/market-analysis
http://www.valuewalk.com/2014/07/alternative-investments-aum/
John Reardon – COO Facchina Development LLC
2013 R.E. Volume Record set to exceed US$500 billion with2014 estimated to add another 10% Growth 28% Growth with2015 seeing $1.33 Trillion in new Transactions expected….
Increasing equity allocations and improved debt markets help to drivevolume growth The second quarter of 2014 has maintained themomentum seen in Q1, underpinned by increasing equity allocationsand improving debt markets. First half 2014 volumes were 28% higherthan H1 2013 at US$297 billion. Over the last five years we have seenan improvement in transactional activity globally, but now the marketsare diverging; the Americas and EMEA continue to grow, while AsiaPacific has, so far in 2014, struggled to keep pace with 2013 activity,although a strong second half is anticipated.
CHICAGO and LONDON, January 21, 2014 — As business andpolitical leaders convene to discuss global challenges at the WorldEconomic Forum annual meeting in Davos, Switzerland, there is agreater appreciation for the importance of real estate in reshaping citiesand, therefore, the world's commercial geography. According toresearch by Jones Lang LaSalle (NYSE: JLL), with real estateinvestment levels reaching a new high of an estimated ten dollarschasing each dollar of prime assets, real estate is no longer considereda consequence of city success, but is now actively employed to drive it.
A look at the 30 cities worldwide where 50 percent of the US$4.6 trillionin direct commercial real estate investments has been concentratedover the past decade highlights real estate's impact on the strength ofsuper and primary cities and the growth of second-tier cities. JonesLang LaSalle (JLL) 2014 Reportshttp://www.jll.com/gmp/market-perspective/investment
The Focus of R.E. Capital – 2012/2015
2014
John Reardon – COO Facchina Development LLC
20 Most Active Markets Vol (US$bil) $/sf Cap rate 2011 Place
• 1 London Metro $33.31 $1,027 5.40% $43 Bil / 1• 2 NYC Metro $29.95 $555 5.33% $27 Bil/ 3• 3 Tokyo $18.00 $713 4.75% $32 Bil/ 2• 4 Paris $15.76 $728 6.18% $18 Bil/ 5• 5 SF Metro $13.03 $373 5.32% $ 8 Bil/ 13• 6 LA Metro $11.98 $263 6.43% $10 Bil/ 11• 7 Boston $9.40 $353 6.18% $ 6 Bil/ 18• 8 Sydney $8.87 $632 7.86% $ 7 Bil/ 16• 9 DC Metro $8.27 $374 6.07% $13 Bil/ 7• 10 Hong Kong $7.42 $1,280 3.21% $18 Bil/ 4• 11 Chicago $6.95 $225 7.23% $ 7 Bil/ 14• 12 Shanghai $5.60 $651 $10 Bil/ 10• 13 Frankfurt $5.14 $521 $ 5 Bil/ 20• 14 Moscow $4.75 $807 $ 6 Bil/ 19• 15 Seoul $4.64 $448 5.67% $12 Bil/ 12• 16 Houston $4.60 $234 6.81% $ First Time• 17 Melbourne $4.56 $442 7.10% $ 5 Bil/ 21• 18 Stockholm $3.99 $380 5.80% $ 6 Bil/ 17• 19 Munich $3.94 $360 5.42% $ 4 Bil/ 27• 20 Beijing $3.49 $607 $ 8 Bil/ 12
Based on $203.65 Billion in deals valued at $10 mil. or greater reported in contract or closed in past 12 months – REAL Capital Analytics
Real Estate TransactionsReach $944 billion in 2013 up from $500 Billion in 2012
GLOBAL PROPERTY INVESTMENT VOLUMES TO HIT $1.33 TRILLION IN 2014 – Cushman Wakefield
2014 What US $1 Million buys in S.F in Most Expensive City
$268 Bil
John Reardon – COO Facchina Development LLC
The GLOBAL 21st Century Cities Receiving Investment Focus
Off
Off
Off
John Reardon – COO Facchina Development LLC
Real Estate Transactions '07 - '14YTD Entire History †
All Real Estate Country Vol # Vol #($ bil) props ($ bil) props
AMERICAS United States $1,444.60 103,610 $3,427.50 235,734Canada $124.10 6,953 $196.20 10,386Brazil $42.50 1,229 $52.00 1,578Mexico $8.20 707 $21.10 1,700Other $16.50 763 $23.90 937
EMEA United Kingdom $384.20 11,774 $906.00 31,496Germany $271.70 13,336 $433.70 26,844France $157.40 6,886 $260.80 10,620Sweden $75.70 5,459 $120.30 8,315Spain $64.20 5,437 $97.70 9,875Netherlands $57.40 4,585 $87.60 6,096Russia $64.80 1,547 $88.90 1,826Mideast $35.00 1,429 $44.60 1,561Africa $13.90 787 $19.60 1,120Other $275.50 11,899 $426.70 17,875
ASIA PAC China $1,217.60 25,498 $1,930.20 40,470Japan $271.20 7,382 $477.40 12,210Australia/NZ $135.90 6,128 $230.00 9,508Singapore $107.60 1,046 $162.10 1,717Hong Kong $118.90 4,684 $167.50 6,185India $44.90 728 $54.10 962Other $152.00 4,095 $221.30 5,821
Globe Total ALL $5,083.80 225,962 $9,449.20 442,836
John Reardon – COO Facchina Development LLC
07' - 2014 YTD US Non-US Grand Total
July 29, 2014 Vol # Vol # Vol #Property Type ($ bil) props ($ bil) props ($ bil) props
OFFICE $1,095.60 40,603 $1,738.10 45,033 $2,833.60 85,636DEV SITE $160.90 13,730 $2,242.70 49,354 $2,403.60 63,084RETAIL $594.50 51,472 $1,029.80 48,069 $1,624.30 99,541APARTMENT $817.40 58,125 $315.20 27,625 $1,132.60 85,750INDUSTRIAL $435.60 50,713 $382.00 24,961 $817.60 75,674HOTEL $242.80 12,984 $294.40 10,380 $537.20 23,364SENIORS HSE & CARE $66.00 5,209 $16.20 1,294 $82.20 6,503OTHER $14.90 2,898 $3.40 387 $18.20 3,285
Total $3,427.70 235,734 $6,021.80 207,103 $9,449.30 442,837
Real Estate Transactions
John Reardon – COO Facchina Development LLC
Residential Weakens But Commercial Continues to Strengthen – Risk VS Reward
CBRE Global Vision 2014 http://www.cbreglobalinvestors.com/research/publications/Documents/Vision%20Series/Global%20Vision%20H1%202014.pdf The macro-economic backdrop to real estate investment is not without its challenges, but is still more benign than at any time since the Great Recession began…CBRE 2014
http://my.knightfrank.com/research/?regionid=7
John Reardon – COO Facchina Development LLC
Out Of The Global Recession Comes ChangeNew Interconnected Global Systems in Information transparency, governments, corporations and business, capital and capital flows, population growth - migration and wellbeing, and new centralized global guidelines for individual Country governments to create stability and sustainability
A New paradigm added to the mix The advancements of the social networks which bring change, promote views, sell services and products and affects election outcomes. This new paradigm like the Dot coms before them has far reaching impacts as they evolve shaping a social global community beyond borders and governments.
The World Comes Apart and Together At The Same TimeMoney Flows To Global Cities To Avoid Risk continues, Sovereign Debt continues to Balloons To Cover Economic Losses, and The Evolving Global Community Continues To Advance The New World Order in Global Structures Even In The Downturn…What is new in Real Estate “See Global but Act Local” Real Estate and Infrastructure is where the Global Flows of Capital is now going in records levels not seen in prior history…The Global City State has arrived
“ In Both Success and Failure New Opportunities Reside”
The New Global Community Networked – Sharing Ideas – Resources - Wealth – Knowledge and Wellbeing
A World Community Greater Than Any That Came Before It…
John Reardon
2014
John Reardon – COO Facchina Development LLC
Is The Current Economy Reflective of An Opportunity and Horn of Plenty or Is Caution Needed with Strong Thought Out Exit Strategies in Place That
Navigate the Unseen and Seen. Global Debt Passes $100 Trillion and Real Estate Transaction Pass $1 Trillion per Year
The New Global Model Is Evolving – The 20% Rule Who Will Survive
John Reardon – COO Facchina Development LLC
THINGS TO WATCH 2013 –2015
• There is Always (3) Economies in play at a real estate location; – The Local economy driven by vacancies, pricing and local supply and demand, – The Regional/Nat’l economy driven by policies, capital flows and competitive growth initiatives, – The Global economy which can create unforeseen waves of growth or loss of growth.
Current R.E. Drivers - Flight To Safety - Capital and People creating momentum in local and regional markets. Growth in key 1st Tier and some 2nd Tier Global Cities. Capital Coming out of Bonds and Treasuries as well,,,Watch and Track
• Sovereign Debt: Sovereign Debt and How It Will Be Paid For or Forgiven - Close In $49 Trillion –IMF requirements for refunding offshore debt placement…U.S. to cut Budget expenditures by 10% to get in line with global stability goals. See IMF 2012 Report
• TNCs: Growth of the TransNational Corporations (TNC/MNC) As Global Entities – 50% of WGDP3000 firms with the large core being U.S. firms or their affiliate operating units. Growing at 8%+/yr.
• SWF: Growth of the Sovereign Wealth Funds As Global Game Changers - Current $5 Trillion • World Players Holding debt instruments public and private and major global natural resource
positions that can drive the direction of political and economic change. .”The New World Order”
John Reardon – COO Facchina Development LLC
Real Estate Is Simple - RightPlay To Your Strengths – Create Value,
Manage risk
CAPITAL IN
VALUE ADDED
VALUE LOST
CAPITAL Out
YOU
You & Your Investors
John Reardon – COO Facchina Development LLC
“WHO ARE YOU - THE CHOSEN ONES”MSRE – Global Real Estate
• Real estate development is a process requiringfuture professionals to be trained from diversedisciplinary perspectives in order to takeleadership positions in the industry. ,PPOW!!
• The interdisciplinary nature of the MSRErequires the thinking of an MBA, creativefinancial models of a world banker, a reserve ofattorneys and the knowledge of the lawtempered by the concepts of realizing a socialvision reflected in city and regional planningthat when designed by an architecture can bebuilt, and the economics are profitable undergood management practices….ZZZZZAP!!
• The MSRE program focuses on the “masterbuilder” concept, with the methodology thatpromotes an entire vision for a communitythrough sustainable economic and livabledesigns, applying sustainable legal financingmethods; creating, building and maintainingplace-making and healthy Livable communities.AAAAAMEN!!.
MSRE Students As James Graaskamp, said … Real estate should be taught as a process of dynamic interactionsrather than functional and historical facts… The results should be a real estate entrepreneur...and that goes triple for this current market.
YOU
John Reardon – COO Facchina Development LLC
Lets Get Started
Who’s The Risk Management
HeroI’ll Get It
!!!!!
Our EQUITY
Where Do We Invest Our Capital & That of Our Clients !!!!!
You & Your Clients
Sovereign Debt Impacts
Inflation Impacts TNC Corporate
Impacts
Transparency By
Governments
What Is Our Exit Strategy
John Reardon – COO Facchina Development LLC
Where Will You Manage Your GLOBAL INVESTMENT FOCUS?
MSRE Exercise
Tweaking Your Position
Going For The GoldImportant The Handy Curve – Each New Idea Creates Change and Change
Brings New Ideas, Some Good and Some Bad ……
• LOOKING AT IN COUNTRY –FOR OPPORTUNITIES
• LOOKING AT THE COASTALS –FOR OPPORTUNITIES
• LOOKING AT GLOBAL CITIES OR EMERGING FUTURE MARKETS
– Existing Economies– New Future Economies– MSRE Project Focus
• What does opportunity look like and can you finance it and more importantly can you make money on it and can you get it back home?
See You In The Market Place…JJReardon
http://www.cushmanwakefield.com/en/research-and-insight/
John Reardon – COO Facchina Development LLC
• United Nation – World Investment Report - Transnational Corporations & Transnational Investments General UN Library All Reports: http://unctad.org/en/Pages/DIAE/World%20Investment%20Report/World_Investment_Report.aspx
• International Monetary Fund – World Economic Outlook & Financial Stability ReportsWorldwide Capital, Debt, GDP and Economic Performance http://www.imf.org/External/Pubs/FT/GFSR/2014/01/
World Economic Forum - The Global Competitiveness ReportsCompetitiveness of Individual countries - Report on Future Global Financial Systemshttp://www.weforum.org/issues/global-competitiveness
www.weforum.org/en/initiatives/Scenarios/GlobalFinancialSystem/index.htm
• Global Property Guide – Individual Country Current Real Estate Activity and StatisticsLocal RE Activity, Cost of RE Transactions, Values and Projected Trends 1 – 10 yrs Globallywww.globalpropertyguide.com
• Sovereign Wealth Fund Institute TM – SWF Annual Investment Reports, Individual SWFs, Location, Size, Portfolio, Policies and contactswww.swfinstitute.org http://www.swfinstitute.org/fund-rankings/ http://www.swfinstitute.org/tag/Real-Assets/
• Global Recession and Recovery – Global Wealth Report – Credit Suisse 2013 Report https://www.credit-suisse.com/us/en/news-and-expertise/research/credit-suisse-research-institute/news-and-videos.article.html/article/pwp/news-and-expertise/2013/10/en/global-wealth-reaches-new-all-time-high.html
• McKinsey Report on Global Cities -http://www.mckinsey.com/insights/mgi/research/urbanization/urban_world_cities_and_the_rise_of_the_consuming_class
• CoreNet Global – Annual Corporate Investments and strategies www.corenetglobal.org
• Global Real Estate Investment Funds – http://www.reit.com/investing/investing-tools/global-funds
KEY GLOBAL RESEARCH RESOURCES
John Reardon – COO Facchina Development LLC
CONTACT INFORMATION
John ReardonR & A Consultants
LinkedIn: John Reardonhttps://www.linkedin.com/pub/john-reardon/13/a19/366
1112 Oakridge Dr., Suite 104 # 218Fort Collins, Colorado 80525Tel: 240-320-2415
Academic Personal Contact email:[email protected]/Fort Collins Colorado
Bio:
Facchina Group of Companies – COO Development
Nevada Cabinet Secretary – CEO – State Economic Development Commission
Wyoming Cabinet Secretary – CEO –State Economic Development Council
President/CEO Denver World Trade Center
Global Director/COO – Int’l Development Research Council - CoreNet Global
Colorado State University – Executive MBA Program Director
Johns Hopkins University - Carey Business School MSRE Advisory Council/ Guest Lecturer
Georgetown University - MSRE Corporate Real Estate Advisor / Guest Lecturer
Adjunct and Guest Faculty on Global Real Estate and Capital Movements Worldwide
Over 4 decades of Business, Academic and Economic Development Work Throughout the U.S. and the World