Publications

ING Clarion believes that current robust global growth plus increasing global economic integration make the opportunities in international markets more compelling than ever before - especially given weakness in the domestic real estate markets of several developed economies. While traditional international capital fl ows were largely directed toward US and Western European opportunities, in the last several years, substantial interest has developed for markets in Asia. More recently, investment has been growing in Latin America, Eastern Europe and Russia.

 

Some real estate market observers have claimed that private market returns in the UK, as tracked by the IPD UK Annual Property Index, are a leading indicator as to how the US private real estate market, as tracked by the NCREIF Property Index, will perform. While the broader economies of these two countries share many similarities that support the existence of a correlation, a number of differences set the UK market apart from that of the US. As a result, the extent to which the US market may follow the UK market is debatable. This white paper explores the similarities and differences between the two markets and presents ING Clarion’s findings.

 

Written by Florencio Beccar and Shane Taylor, ING Clarion Calls - "Investing in Brazil, Not just the samba anymore" looks at the Brazilian property markets and examines its performance, demographics and economic drivers. ING Clarion Calls is a biannual report that provides commentaries on trends in the real estate and capital markets.

 

There is no doubt that 2007 was a transition year for US commericial real estate. Triggered by the sub-prime fallout and credit crisis, it appears that the out-sized investment returns of the past several years have come to an end. Looking forward, ING Clarion anticipates that 2008 will be fraught with challenges as well as opportunities. 

As the worldwide amount of digital information expands, demand for data centers will continue to grow. Supply of such centers is currently lagging, particularly in major urban centers, where low vacancy rates are driving strong rent growth. This trend will continue in the near term, facilitated in part by the high cost of new data center construction.

 

Fall 2007: The ING Clarion Research & Investment Strategy team has published its Perspective on the Sub-Prime Lending.  Authored by David Lynn, Ph.D., Managing Director and head of U.S. Research & Investment Strategy, and Bohdy Hedgecock, Research Associate, this white paper features a perspective on the current sub-prime mortgage market.

 

Mixed-use developments make sense: Concept serves residents effectively and efficiently -  
David J. Lynn, Ph.D., Managing Director and head of U.S. Research & Investment Strategy, wrote a bi-line article for the July 31 - August 6, 2007, New York Real Estate Journal Mid-year Review. 

ING Clarion Calls - "ING Clarion and The Green Challenge" -
Written by Victoria Kahn and David Lynn, the report evaluates LEED, defines sustainable development and green buildings and considers the cost and potential productivity benefits.

 

The Continued Benefits to a Mixed-Asset Portfolio -
By Indraneel Karlekar and Brittany Beck 

The US commercial real estate market remains robust, with supply/demand fundamentals benefiting from a small supply pipeline and very active capital markets. Going forward into 2007, real estate performance should remain strong, supported by sustained demand for space, abundant liquidity, and continued investor interest, according to the latest ‘US View’ report issued by ING Clarion.