Next Generation USA Real Estate: Next Investment Opportunities?

Moderator Dr. Patrice Derrington, Professor NYU

Christoph Donner, CEO, Allianz Real Estate of America
Brian Newman, Director of Business Development, Prodigy Network
Nick Romito, Co-Founder & CEO, VTS Inc.
Noah Shlaes, Chair of the Board, The Counselors of Real Estate
Andrew Weiner, Partner – Real Estate, Dentons

Key quotations, thoughts and opinions: here are some take-away’s from the conference:

Christoph Donner
Allianz global insurance company has 620 billion euros assets under management –  5% is real estate and 25% is in the US ($10 billion dollars)
“It’s all about jobs and location”
Discussed the important evolution of shared office space and the relationship to start-ups particularly in places like Boston.

Brian Newman
Prodigy is a world leader in Crowdfunding
Raised over $300 million globally for institutional level properties in the US
Crowdfunding gives access to real tangible real estate instead of just REIT’s

Nick Romito
1.3 billion SF in their portfolio
One platform to manage a portfolio. They have Blackstone’s global portfolio.
Compares their technology to Wall Street before electronics
“People are dying for technology to run their business”

Noah Shlaes
Occupiers shouldn’t just focus on reducing their facilities costs. They should think about how to get more out of their assets. Their top assets are their people. Therefore, they must find a way to make their working environment more comfortable, so that they are happy working longer hours. Workplaces can offer great food, gyms, and more. This will also enable corporations to attract the best talent and keep them.

Andrew Weiner

Real Estate has a lack of statistics and the statistics that exist, lag…

Austin Dias works with investors, developers, tenants and landlords to reach their real estate objectives. He is currently enrolled in the University of San Diego Master of Real Estate program and he is an official curator and blogger for MIPIMWorld.