CAIRO BOOKS's Description
“This book is a comprehensive and insightful overview of international real
estate focusing on three of the BRICs: China, India and Brazil. I was
pleasantly surprised to find useful market data and industry profiles for each
of the countries that were very consistent with my first hand experience. The
book has a wealth of information for the real estate investment analyst and
practitioner and will be very useful to those seeking guidance on what to
expect in emerging markets.”
—Joseph F. Azrack, Managing Partner, Real Estate, Apollo Global Management
“David Lynn has set the bar with respect to real estate investment in the most
compelling emerging markets. Lynn provides a framework for thinking about
highly dynamic markets characterized by youthful populations, extraordinary
demand, capital inefficiency and, most importantly, aspiration. This book will
enlighten institutional investors and entrepreneurs alike. I look forward to
another work by David Lynn addressing the frontier markets.”
—Gary R. Garrabrant, CEO & Co-Founder, Equity International
An informed look at investing in emerging market real estate
Focusing primarily on private equity real estate investment in China, India,
and Brazil this reliable resource develops a general approach to commercial
real estate investment in emerging markets, and illustrates some common
strategies and analytical methods that can be implemented within this arena.
Filled with in-depth insights and expert advice, Emerging Market Real Estate
Investment focuses on broad investment themes and strategies as well as
economic and legal/institutional factors, rather than the minute details of
local market analyses. Opening with two informative chapters that provide an
overview of the fundamentals of commercial and international real estate
investment, this practical guide then moves on to the country-specific chapters
of China, India, and Brazil. Outlines various real estate investment options
and strategies for emerging markets such as China, India, and Brazil Discusses
the main features of each real estate market, including real estate foreign
direct investment (FDI) Analyzes several primary real estate sectors in each
country: office, retail, residential, industrial, and hotel where applicable
Written with both institutional and private investors in mind, Emerging Market
Real Estate Investment will put you in a better position to excel in emerging
real estate markets.
Praise for Emerging Market Real Estate Investment :
“ Emerging Market Real Estate Investment is written with a top down strategic
orientation. It presents an excellent overview for US institutional investors
planning to invest in offshore real estate in general and emerging markets and
China, India and Brazil specifically. It covers all the key points my firm had
to address before investing in China. I wish it had been available then.”
—Robert H. Zerbst, Former Chairman & CEO, CB Richard Ellis Investors
“This book does for international real estate what Samuelson’s primary
Economics text did for economics students—it finally provides a new discipline
with its first Bible. As cross-border real estate capital flows are on the
rise, and investors increasingly seek compelling risk-adjusted returns in
emerging markets, this book couldn’t have come at a better time in the market
cycle. It is rich in content and filled with practical insights”
—Kenneth A. Munkacy, Senior Managing Director, GID International Group/GID
Investment Advisers, LLC
“With American real estate in the doldrums, more investors will be looking
abroad. David and Tim's analysis of international real estate investment,
focused on three of the world’s most dynamic economies, provides exceptionally
detailed knowledge concerning what real estate markets are really like in
China, India, and Brazil. It is essential reading for investors considering
those markets.”
—Anthony Downs, Senior Fellow, the Brookings Institution
“David Lynn and Tim Wang have written the 'must read' book for all real estate
investors in emerging Brazil, China and India. They comprehensively cover the
landscape of issues—economic, policy, legal, markets, sectors, entry, exit and
strategies. Of noted value is their sanguine assessment of the risks and
opportunities of alternative strategies in each country. The first outlay for
all should be their book.”
—Dr. Raymond G Torto, CRE, Global Chief Economist, CB Richard Ellis
" Emerging Market Real Estate Investment is a powerful tool for those engaged
in foreign investment generally, as well as in China, India and Brazil in
particular. It combines a broad general view of competitive strategy with local
detail on costs and legal aspects. The book is an intelligent and practical
guide to foreign real estate investment."
—Bowen H. McCoy, CRE, Formerly Partner and Managing Director, Morgan Stanley