THE RETURN OF CAPITAL
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Asian, particularly Chinese money is coming into the US CRE market and ?Atlanta is one of the top destinations for that capital,? says Zeb Bradford, senior managing director for Metzler, also a panelist. Zeb (right) made the comments at the CREW Atlanta September luncheon at the Georgia Tech Hotel & Conference Center in Midtown last week. He told how financial instability abroad, especially with the euro (i.e., the reason your Greek vacation costs less that a meal at Taverna Plaka), is drawing money back into domestic real estate. Also pictured: Metro Atlanta Chamber of Global Commerce director of foreign investment John Woodward (panelist), CREW prez Melissa Hall, the Atlanta Development Authority's project manager of business engagement Danielle Fernandez (moderator), and Cohen & Steers SVP Terrance Ober (panelist). |
